[ad_1]
Friday, April 26 — After breaking above the $5,500 mark yesterday, bitcoin (BTC) has reported a loss of around $260 to press time. All of the top-20 cryptocurrencies other than bitcoin SV (BSV) are in the red, according to data from Coin360.
Market visualization from Coin360
BTC is trading around $5,247 at press time, dropping 5% over the day and forming a new weekly low. Bitcoin’s monthly gains remain in positive territory, at about 32%, while its weekly chart reports a loss of 0.84%.
Bitcoin 7-day chart. Source: CoinMarketCap
The second largest coin by market capitalization ethereum (ETH) is also suffering a slump, having lost 6.23% in the last 24 hours. At press time ETH is trading at $155.31, also hitting a new weekly low. On its monthly chart, the ETH price has gained around 15.55%.
Ethereum 7-day chart. Source: CoinMarketCap
Ripple (XRP) has a 2.64% loss in the last 24 hours, and is trading at around $0.295 at press time. The coin saw its weekly low today at $0.288, while its weekly high was at $0.332 on April 19.
Ripple 7-day chart. Source: CoinMarketCap
Stablecoin tether (USDT) — that previously faced controversy after critics suspected the coin of operating a fractional reserve while issuing more tokens than they had backing for — is trading at around $0.993 at press time, reporting a loss of around 1.60% over the past day.
Yesterday, the New York Attorney General’s office alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from Tether to secretly cover the shortfall. Bitfinex allegedly took not less than $700 million from Tether’s reserves and used the funds to hide losses and inability to handle clients’ withdrawals.
Tether 7-day chart. Source: CoinMarketCap
BSV is the only coin in the top 20 cryptocurrencies in the green. The coin’s price is currently around $54.33, reporting a gain of around $3.56% on the day.
Bitcoin SV 7-day chart. Source: CoinMarketCap
Total market capitalization of all digital currencies is around $169.9 billion at press time, having started the day at $172 billion. The weekly high of the total market cap was around $185.3 billion on April 23.
Total market capitalization 7-day chart. Source: CoinMarketCap
Today, CNBC reported that European stocks were slightly higher following the rection to another flurry of corporate earnings. Stoxx 600 closed provisionally up 0.19% during afternoon deals, with most sectors and major bourses in positive territory. Luxembourg-based satellite operator SES was reportedly the top performer, surging by 7.75% to the top of the European benchmark after the company said it had maintained its full-year outlook.
Brent crude futures were down $2.72, or 3.7%, at $71.63 per barrel today, after hitting a one-week low at $71.31. U.S. West Texas Intermediate crude futures dropped $2.57, or 3.9%, to $62.64 per barrel and were down about 2% over the past week.
window.fbAsyncInit = function() { FB.init({ appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ }); FB.AppEvents.logPageView(); }; (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = “http://connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); }(document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
[ad_2]
Source link