Thursday 25 April: Crypto markets will be recovered most after the big sale yesterday, and Bitcoin (BTC) is recovering over the support of 5,500 USD.
All but four currencies among the 20 major crypts according to market capitalization are green at the time of the announcement. The largest increase in NEO was observed in almost 7%, while bitocin SV (BSV) and rods (XTZ) fell 1% and 2.25%, respectively.
Displaying the market by Coin360
Bitcoin is constantly growing on the day and trades at $ 5,521, an increase of 1.18% over the last 24 hours, at the end of this release. The intraday minimum is $ 5,421. In the last 7 days, bitcoin has grown by about 4.3%.
Bitcoin's domain of crypto markets fell during the announcement of a little about 0.3%. Earlier, the crypto currency lender Genesis revealed that bitcoin continues to dominate the demand, which consists of 68% of its portfolio of loans in the first quarter of the company's digital Asset credit.
You may be interested in: Bitcoin dominates demand, while Genesis processes $ 425m in loans in the first quarter of 2019
Bitcoin 24 hour graph. Source: CoinMarketCap
Ether (ETH), the second crypto-equity with market capitalization, increased by about 0.8% during the day to trade at $ 165. Nevertheless, the main albino dropped more than 4.8% in the last 7 days.
7-day price chart of Ethereum. Source: CoinMarketCap
Ripple (XRP), the third highest cryptowatch with market capitalization, increased by about 1% to $ 0.303. With this, Ripple notes a sufficient decline in the last 7 days, about 10%. Yesterday, Ripple announced that sales of XRP in the first quarter of 2019 increased by 31% compared to the previous quarter.
Do not stop reading: Ripple reports a 31% increase in the quarterly sales of the company's XRP
Ripple's 7-day price chart. Source: CoinMarketCap
The total market capitalization is $ 178.6 billion, at the end of this issue, over $ 174 billion at the beginning of the day. Thus, the daily trading volume fell to $ 50 billion, amounting to $ 44 billion, during the announcement.
Graph of total market capitalization of 24 hours. Source: CoinMarketCap
Earlier today, Cointelegraph reported that the important exchange of encryption Binance launched a new exchange of encryption in Singapore. Chief Financial Officer of Binans Wei Zhou said the platform's users can buy bangles with the help of Singapore Dollar (SGD) at the current stage, noting that more currencies will be added as permitted by the regulations.
Training giant Nike filed a trademark application for the phrase "Cryptokix", which describes the offer of crypto wallets and mobile applications for access to "crypto-election, crypto-art and application tokens".
Recently, the US Securities and Exchange Commission (SEC) announced a job application in search of a dedicated staff member to provide encryption experience. According to the request, the SEC plans to pay up to $ 239,000 a year for its Crypto specialist.
You may be interested in: Wirex payment processor partners with Stellar and plans to launch 26 stablecoins
Mixed signals are seen on the US stock market. The industry average Dow Jones (DJIA) fell 126 points earlier today, as 3 million shares fell more than 12 percent after the company announced that its earnings were much lower than expected analysts, the CNBC reported. At the time of the announcement, the DJIA fell by 0.3% during the day. By contrast, the S & P 500 (SPX) and Nasdaq (NASDAQ) Composite increased by 0.2% and 0.5%, respectively.
Brent crude oil reportedly reached $ 75 a barrel today for the first time in nearly six months. At the end of this issue, crude oil Brent increased by 0.5%, while OPEC basket grew by 0.1%. On the other hand, crude oil in Western Texas (WTI) fell by 0.2%.
Meanwhile, gold continued to grow after touching four-month lows, with gold rising by 0.2% to $ 1,277 per ounce during the announcement. Thus, gold futures remained unchanged to $ 1,279 per ounce.