Crypto Markets Rally, While Palladium and Oil See Decline

The leading cryptocurrency Bitcoin is up 2.34 percent on the day, and is trading at $4,061 as of press time.

Ethereum has gained 3.48 percent over the past day and is trading at around $139.52 at press time.

On the week Ethereum is down 0.16 percent, with monthly gains pinched to just 0.04 percent.

The third largest cryptocurrency by market cap Ripple is trading at $0.309 at press time, having gained 2.57 percent over the last 24 hours.

Over the past seven days, XRP is down by nearly 4 percent.

Stellar - now the eighth leading digital currency - has increased by 3.9 percent on the day and is trading at around $0.1074.

On CoinMarketCap's listings, all of the top 20 coins are in the green, posting more gains between 0.5 and 20 percent on the day.

EOS has seen remarkable gains on the day, up over 17 percent and trading at $4.31.

Today, CNBC reported that palladium slumped 6 percent because investors booked profits after a rally to record highs and slowing global growth cast doubts over demand for the autocatalyst metal, while gold dropped on a stronger dollar.

U.S. West Texas Intermediate crude futures settled 53 cents lower at $59.41 per barrel, posting a nearly 1 percent loss today.