Bitcoin Briefly Breaks New $5,300 Support as Traditional Markets Grow

Published on by Cointele | Published on

Ontology and Bitcoin Cash are seeing the biggest losses out of the top 20 coins, down 7.6 and 6.4 percent over the past 24 hours at press time, according to CoinMarketCap.

At press time, Bitcoin is slightly up by 0.4 percent, trading at around $5,171.

Having continued hitting multi-month highs, Bitcoin is up 24.4 percent over the past 7 days.

The top altcoin, Ethereum, is seeing the biggest gains among the top 20 coins by market cap, up 5.3 percent over the day.

The second-biggest crypto is trading at $177 at press time, up 23.6 percent over the past 7 days.

Ripple, the third-top cryptocurrency by market cap, is down 2.3 percent over the past 24 hours at press time, trading at $0.352.

The second-top altcoin is still up around 12 percent over the past 7 days.

The United States stock market slightly rose at press time, with the Dow Jones Industrial Average up 0.15 percent, while the S&P 500 and Nasdaq Composite rose around 0.5 and 0.6 percent, respectively.

International benchmark Brent futures is up 0.4 percent, while West Texas Intermediate crude oil rose around 0.3 percent, according to Oilprice.com.

Spot gold is up 0.8 percent to $1,301 per ounce, while gold futures rose 0.9 percent to $1,307.

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