Bitcoin Holds Over $5,300 as Top Altcoins See Mixed Signals
Most of the top 20 cryptocurrencies are reporting a mix of slight gains and losses on the day as bitcoin crosses the $5,300 line.
Market visualization courtesy of Coin360
Bitcoin 7-day price chart. Source: CoinMarketCap
CoinMarketCap data shows that ETH is up about half a percent over the last 24 hours. At press time, ETH is trading around $173. On the week, the coin has also seen its value increase by close to 6%.
Ether 7-day price chart. Source: CoinMarketCap
XRP is conversely down about half a percent over the last 24 hours and is currently trading at around $0.329. On the week, the coin is up a modest 1.2%.
XRP 7-day price chart. Source: CoinMarketCap
Among the top 20 cryptocurrencies by market cap, the coin reporting the most notable price action is binance coin (BNB), ranked 7th, which is up nearly 3% on the day and over 33% on the week.
At press time, the total market capitalization of all cryptocurrencies is $181 billion, over four percent higher than the value it reported a week ago.
Total market capitalization seven-day chart. Source: CoinMarketCap
As Cointelegraph wrote this week, a recent report by digital assets fund Adamant Capital claims that the crypto bear market is winding down and is in its final stage.
A recently published survey from Gold IRA Guide asked 1,000 American retirees over 50 years old about their thoughts on investing in bitcoin. According to the survey results, 56.7% of respondents were aware of bitcoin, but were not interested to invest, while 2.7 percent claimed that they already owned some bitcoin.