Crypto Markets Report Modest Gains, Gold Sees Slight Losses

Published on by Cointele | Published on

Tuesday, April 16 - cryptocurrency markets have registered moderate gains over the past 24 hours, with only Bitcoin SV trading in the red among all top 20 coins by market capitalization, according to Cointelegraph's Coin360.

The second largest cryptocurrency by market capitalization ethereum is trading at $166.63, having gained slightly over 3.63% percent on the day at press time.

Ripple is maintaining its position as the third largest coin by market cap, which is over $13.6 billion at press time.

XRP is trading around $0.325, up 1.79% over the day as of press time.

News broke yesterday that several major cryptocurrency trading platforms are delisting bitcoin SV. Leading cryptocurrency exchange Binance officially announced it will delist BSV and cease trading on all trading pairs for BSV as of April 22.

Following Binance, anonymous crypto exchange ShapeShift and Japanese financial services giant SBI Holdings revealed that they will follow suit, while OKEx decided not to cease BSV trading.

At press time, BSV is the only loser among the top 20 cryptocurrencies on CoinMarketCap.

BSV is currently trading at around $55.24, having lost 9.70% over the past 24 hours.

Total market capitalization of all cryptocurrencies is around $176.3 billion at press time, according to CoinMarketCap, while daily trade volume is around $40.8 billion.

In traditional markets, gold has dropped down by 1% today marking its lowest price point this year, CNBC reported.

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