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Major Coins in the Green, Bitcoin Hovers Over $10,000

Top digital currencies have seen notable gains on the day, with Bitcoin trading at $10,549.

Thursday, July 18 — following Bitcoin’s (BTC) price retaking $10,000 earlier today, top-20 cryptocurrencies have seen notable gains on the day, with only UNUS SED LEO (LEO) casting a gloom on the prospects.

Market visualization. Source: Coin360

Market visualization. Source: Coin360

BTC is up 7.63% over the last 24 hours, and is trading at around $10,549 as of press time. Having briefly dipped to as low as $9,385 during the day, BTC has rebounded and is apparently pushing to the $11,000 price point. BTC is still down over 15% in terms of its weekly performance.

Bitcoin 7-day price chart. Source: Coin360

Bitcoin 7-day price chart. Source: Coin360

The second largest coin, Ether (ETH), began the day at around $215.39, subsequently reaching its intraday high of $227,36. At press time, the major altcoin is trading at around $225,13, up 4.14% on the day.

Ethereum 24-hour price chart. Source: Coin360

Ethereum 24-hour price chart. Source: Coin360

Ripple (XRP) has seen smaller gains of 1.73% to trade at around $0.323 at press time. During the day, XRP slumped to its daily low of $0.307, but soon began to recover. On its weekly chart, XRP is in the red by 12.12%.

XRP 7-day price chart. Source: Coin360

XRP 7-day price chart. Source: Coin360

Stellar (XLM) has also taken an upturn and is currently trading at around $0.088. Today,  Binance revealed that it unknowingly earned staking rewards of XLM in the amount of 9,500,000 XLM ($775,000 at press time) worth of extra XLM, and is going to share the gained XLM rewards to the entire community.

Stellar 7-day price chart. Source: Coin360

Stellar 7-day price chart. Source: Coin360

The total market cap of all cryptocurrencies is currently over $286 billion, while the daily trading volume is around $82.9 billion.

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Bitcoin Dips Below $10,000 for the Second Time in July

Bitcoin dipped below the $10,000 threshold for the second time in July following a hearing on Facebook’s Libra crypto project.

The Bitcoin (BTC) price has dipped below the $10,000 price mark on July 16, while all top 20 coins by market cap are seeing significant losses.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin has dipped below $10,000 threshold for the second time this month after the biggest cryptocurrency broke a multi-month high above $13,700 on June 26. After Bitcoin attempted another recovery to reach nearly $11,000 yesterday, the major coin has dropped to $9,616 at press time, down 8.22% over the past 24 hours. The biggest cryptocurrency is down more than 22% over the past 7 days.

Bitcoin 30-day price chart

Bitcoin 30-day price chart. Source: Coin360

Bitcoin failed to hold the $10,000 support amid the hearing on Facebook’s Libra cryptocurrency project with the Banking Committee of the United States Senate. 

Yesterday, American entrepreneur and crypto advocate John McAfee doubled down his prediction that Bitcoin will reach $1 million by 2020, despite the sinking price.

Keep track of top crypto markets in real time here
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Bitcoin Holds $9,100 Support While Top 20 Coins Trade Sideways

The majority of the top 20 coins are trading sideways, while litecoin is seeing the biggest gains, following a crypto debit card announcement.

Wednesday, June 19 — Crypto markets are trading sideways, with the majority of the top 20 coins by market cap seeing losses, according to data from Coin360.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin (BTC) is up by 1.24% to $9,139 at press time, still seeing a slight recovery of price after the biggest cryptocurrency has dipped below the $9,000 threshold earlier on the day. Bitcoin is seeing major gains over the past 7 days at press time, up almost 13% this week.

Yesterday, Fundstrat Global Advisors co-founder Tom Lee stated that bitcoin could easily hit new highs, adding that the cryptocurrency is becoming the reserve currency of the industry.

Bitcoin 24-hour price chart. Source: Coin360

Bitcoin 24-hour price chart. Source: Coin360

Ether (ETH), the second largest cryptocurrency by market cap, is trading at $267, up around 0.31% over the past 24 hours at press time. With that, the altcoin is up 5.42% over the past 7 days so far.

Ether 7-day price chart. Source: Coin360

Ether 7-day price chart. Source: Coin360

Ripple (XRP), the third top cryptocurrency by market cap, is up a mere 0.02% to trade at

$0.430. Over the past 7 days, the coin is up more than 8%. Recently, the team behind the altcoin announced a strategic partnership with MoneyGram to collaborate on a cross-border payments system.

Ripple 7-day price chart. Source: Coin360

Ripple 7-day price chart. Source: Coin360

Bitfinex’s utility token UNUS SED LEO (LEO) is seeing the biggest losses, down 2.5% over the past 24 hours at press time.

On the other hand, the fourth biggest coin, litecoin (LTC) is seeing the biggest gains among the top 20 coins over the day, up around 4.5% to trade at $138 at press time. Still, the altcoin is down 0.41% over the past 7 days.

Yesterday, The Litecoin Foundation partnered with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit card.

Total market capitalization has been hovering around $285 billion over the day, while daily trading volume slightly dropped from $54 billion to $49 billion so far.

Major crypto company Tron recently announced that the upcoming upgrade of its network, version 3.6, will include new features, including network protection from bad actors and  more lightweight event servers for decentralized applications (DApps) developers.

In traditional markets, the United States stock market is slightly slumping, with the S&P 500 (SPX) down around 0.03% and the Nasdaq (NASDAQ) Composite down 0.07%, while the Dow Jones Industrial Average (DJIA) is up %0.06.

Major oil futures and indexes are seeing mixed signals today, with West Texas Intermediate (WTI) crude oil down 0.18%, while Brent Crude dropped 0.1%. Mars U.S. is up 3.81% at press time, according to data from Oilprice.

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Bitcoin Fails to Hold $8K as Cryptos Trade Sideways, Stocks Tumble After Recent Surge

Cryptocurrency markets are trading sideways, most of the top 20 coins by market cap are seeing slight losses over the past 24 hours.

Tuesday, June 11 — crypto markets are trading sideways, with the top 20 coins by market cap predominantly seeing red at press time, according to data from CoinMarketCap.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin (BTC) has failed to hold the $8,000 price point that it broke yesterday after seeing another dip below $7,900 before. At press time, bitcoin is trading at $7,878, down 0.82% over the past 24 hours, seeing a sufficient recovery from the intraday low of $7,778. The biggest cryptocurrency is up 1% over the past 7 days.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: CoinMarketCap

Ether (ETH), the second cryptocurrency by market cap, is down 0.85% over the day to trade at $242.97. Over the past 7 days, the altcoin is down around 0.38%.

Ether 7-day price chart

Ether 7-day price chart. Source: CoinMarketCap

Ripple (XRP), the third top cryptocurrency by market cap is down 1.44%. The major coin is down 3.15% over the past 7 days. Yesterday, Ripple was reported to expand its operations to Brazil as part of plans to expand into Latin American markets generally.

Ripple 7-day price chart

Ripple 7-day price chart. Source: CoinMarketCap

While the majority of the top 20 coins by market capitalization are seeing losses at press time, Tezos (XTZ), ranked 19th, is seeing the biggest losses of around 3.2%.

Total market capitalization has recovered to $252 billion at press time after dropping to as low as $248 billion earlier today. Daily trade volume has significantly declined from $67 billion in the beginning of the day to $57 billion at press time.

Total market capitalization 24-hour chart

Total market capitalization 24-hour chart. Source: CoinMarketCap

Earlier today, major South Korean bank KB Kookmin Bank announced a partnership with blockchain technology firm Atomrigs Lab to explore digital asset management and protection solutions. According to a recent tweet by crypto and blockchain writer Joseph Young, Kookmin Bank announced on June 10 that it is planning to launch custody services for digital assets.

Also today, Nasdaq, the world’s second-largest stock exchange, has revealed plans to release an institutional-grade crypto pricing product in collaboration with cryptocurrency data provider CryptoCompare.

The United States stock market has rallied earlier today amid the anticipation that the Federal Reserve should soon reduce interest rates, CNBC reports. However, stocks have subsequently reversed to see losses, with the Dow Jones Industrial Average (DJIA) having dropped about 0.2% at press time. The S&P 500 (SPX) and Nasdaq (NASDAQ) Composite are down 0.2% and 0.3%, respectively.

Oil prices have seen mixed signals today, with the OPEC basket surging 3.5%, while West Texas Intermediate (WTI) crude oil edged up 0.1% and Brent crude dropped 0.1% at press time, according to Oilprice.com.

Meanwhile, gold prices dipped earlier today as investors allegedly booked profits after big gains over the past weeks. At press time, spot gold has tumbled about 0.3%, while U.S. gold futures gained 0.2%.

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Bitcoin Continues to See Negative Corrections After Breaking $9,000, US Stocks Tumble

Bitcoin has seen significant volatility on the day, with the intraday high above $8,800 and a low below $8,500.

Monday, June 3 — after seeing a short recovery attempt yesterday, crypto markets have seen another negative correction, with most of the 20 major coins in the red.

According to data from CoinMarketCap, only four out of the top 20 cryptos by market cap are seeing gains at press time, with cosmos (ATOM) and bitcoin sv (BSV) seeing the largest gains over the day, up around 15.3% and 15% respectively. In contrast, tron’s (TRX) price has plunged 8%, which is the biggest loss over the day among the top 20.

Market visualization from Coin360

Market visualization from Coin360

After breaking a new 2019 threshold of $9,000 on May 30, bitcoin (BTC) has seen a significant price correction after multiple recovery attempts. The biggest cryptocurrency had not managed to hold the $8,600 price point yesterday, and even dropped below $8,500 earlier on the day.

At press time, bitcoin is trading at $8,550, down 2% over the past 24 hours. Bitcoin has seen sufficient volatility on the day, with its intraday high of $8,808 while the intraday low amounted to $8,471 as of press time. Over the past seven days, bitcoin is down around 2.4%.

Bitcoin 24-hour price chart. Source: CoinMarketCap

Ether (ETH), the second-largest cryptocurrency by market cap, tumbled about 2.6% to trade at $264. The top altcoin is down 1.7% over the past 7 days.

Ether 7-day price chart. Source: CoinMarketCap

XRP, the third-top cryptocurrency by market cap, is one of the few top 20 coins that has seen some gains on the day. At press time, XRP is up about 1% to trade at $0.446, and is also seeing considerable growth over the past 7 days, up almost 8%.

XRP 7-day price chart. Source: CoinMarketCap

Total market capitalization has dropped below the $270 billion threshold earlier today, accounting for $271 billion at press time, according to CoinMarketCap. Daily trade volume hovers around $70 billion after reaching $104 billion over the past seven days.

Total market capitalization 7-day chart. Source: CoinMarketCap

Yesterday, Cointelegraph reported that the decentralized exchange (DEX) launched by the major crypto exchange Binance will block website access to users from 29 countries starting from July 1.

Earlier today, social media giant Facebook was reported to be discussing the regulatory issues around its upcoming stablecoin — called Globalcoin — with the United States regulator the Commodity Futures Trading Commission.

The United States stock market tumbled today amid the intensifying trade war between the United States and China. At press time, the Dow Jones Industrial Average (DJIA) is down about 355 points by 1.4%, while the S&P 500 (SPX) and Nasdaq (NASDAQ) Composite dropped 1.3% and 1.5% respectively.

Oil prices are seeing moderate gains at press time, with West Texas Intermediate (WTI) crude oil and Brent crude having edged up 0.7% and 0.5% respectively, according to Oilprice.com, while the OPEC basket is up 2.1%.

Meanwhile, gold prices have reportedly hit a two-month high today amidst the trade tensions between the two major economies as well as Washington’s threat of tariffs on Mexico, which intensified concerns of a global recession, CNBC reports. At press time, both spot gold and U.S. gold futures are up around 0.8% to trade at $1,315 and 1,321 per ounce respectively.

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Bitcoin Surges Above $6,300, Hits Dominance Records From December 2017

Bitcoin is seeing the biggest gains over the top 20 coins by market cap, breaking the highs of November 2018.

Friday, May 10 — bitcoin (BTC) has seen another rally today, having surged above the $6,300 price mark and hit market dominance records from December 2017, according to data from CoinMarketCap.

The major cryptocurrency is seeing the biggest gains out of the top 20 coins by market cap, up 4.4% over the past 24 hours at press time, while the rest of the top 20 list are seeing mixed signals. Binance coin (BNB) is down 4.3%, while cosmos (ATOM) is down 5.6% at press time.

Bitcoin is also seeing the biggest gains over the past 7 days, holding around 9.1% gains at press time.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin has continued hitting new 2019 records this week, having surged to as high as $6,353 earlier in the day. At press time, the biggest cryptocurrency is trading at $6,304 with a market cap of $111 billion. This is the highest share of the market since December 2017, when bitcoin was approaching its all-time high of $20,000.

Bitcoin 1-year price chart

Bitcoin 1-year price chart. Source: CoinMarketCap

At press time, bitcoin’s dominance rate accounts for 58% of the overall crypto market.

Percentage of total market cap (dominance)

Percentage of total market cap (dominance). Source: CoinMarketCap

Ether (ETH), the second-largest cryptocurrency by market cap, is up 2.1% to trade at $172 as of press time, seeing almost equal gains over the past 7 days, up 2.7%.

Ether 7-day price chart

Ether 7-day price chart. Source: CoinMarketCap

XRP, the third-top cryptocurrency by market cap, is slightly up 0.1% to trade at $0.298 at press time. However, the second-top altcoin is down around 3.3% over the past 7 days.

XRP 7-day price chart

XRP 7-day price chart. Source: CoinMarketCap

Total market capitalization has surged to the volumes of mid-November 2018, accounting for $192 billion at press time. Daily trade volume amounts to $56 billion.

Total market capitalization 7-day chart

Total market capitalization 7-day chart. Source: CoinMarketCap

Yesterday, Galaxy Digital CEO Michael Novogratz predicted that bitcoin will break new all-time-highs within 18 months, adding that the $6,000 threshold is likely to be a stall point, while the next price point will be $10,000.

On the other hand, famous crypto sceptic Nouriel Roubini recently reiterated his negative stance on cryptocurrencies, claiming that “crypto is the mother and father of all bubbles.”

Meanwhile, the government of Liechtenstein recently passed new blockchain and crypto-related regulation in order to improve investor protection and establish more clarity in the industry.

While crypto markets have seen a major bullish move this week, global stock markets have seen a massive sell-off, with investors having withdrawn over $20.5 billion from global equities in the past week amid tensions between the United States and China, CNBC reports. At press time, the Dow Jones Industrial Average (DJIA) is down 0.3%, while S&P 500 (SPX) and Nasdaq (NASDAQ) Composite are both down around 0.2%.

Oil prices are seeing mixed signals at press time, with West Texas Intermediate (WTI) crude oil down 0.3% on the day, while Brent crude is slightly up around 0.1%, according to Oilprice.com. The OPEC basket dropped 0.8% as of press time.

Gold prices have seen mild gains today, with spot gold having edged up 0.1% to $1,285 per ounce at press time, while U.S. gold futures also gained around 0.1% to $1,287.

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Bitcoin Inches to $6,000 While US Stocks Drop

Following the report of Fidelity soon launching bitcoin trading for institutional clients, crypto markets rallied to break new 2019 highs.

Tuesday, May 7 — following some moderate losses yesterday, the crypto markets have rallied to break new 2019 highs today, with bitcoin (BTC) inching close to $6,000.

All the top 20 coins by market cap are solidly in green at press time, with ether (ETH) and tezos (XTZ) seeing the biggest gains over the past 24 hours at press time. Both coins are up more than 8% over the day.

Market visualization from Coin360

Market visualization from Coin360

After slipping under the $5,700 threshold yesterday, bitcoin rose 4.4% to trade at $5,947 at press time. The major cryptocurrency has broken the $5,900 support for the first time in 2019, while still hovering around the price points of November 2018. The biggest cryptocurrency is seeing one of the biggest gains among the top 20 coins over the past 7 days, up around 12.7%.

Bitcoin’s dominance on the markets accounts for 55.8%.

Bitcoin 24-hour price chart

Bitcoin 24-hour price chart. Source: CoinMarketCap

Ether, the second-largest cryptocurrency by market cap, is trading at $177, up 8.3% over the past 24 hours at press time. The biggest altcoin is up around 12% over the week.

Yesterday, Cointelegraph reported that ether volumes on decentralized applications have recorded a new high.

Ether 7-day price chart

Ether 7-day price chart. Source: CoinMarketCap

XRP, the third-top cryptocurrency by market cap, is slightly up 1.6% to trading at $0.304. Over the past 7 days, the altcoin is up about 1%.

XRP 7-day price chart

XRP 7-day price chart. Source: CoinMarketCap

Total market capitalization amounts to $188 billion at press time, up from $180 billion in the beginning of the day, while daily trading volume surged from $47 billion to $55 billion at press time.

Total market capitalization 7-day chart

Total market capitalization 7-day chart. Source: CoinMarketCap

On May 6, Bloomberg reported that $7 trillion investment firm Fidelity is reportedly soon planning to launch bitcoin trading for institutional clients.

Yesterday, popular global coffee network Starbucks was reported to deploy a blockchain-based coffee tracking system using the Azure Blockchain Service by tech giant Microsoft.

Recently, social media giant Facebook allegedly received the rights to the “Libra” trademark for its highly secretive cryptocurrency project. According to the Wall Street Journal, Facebook is seeking an investment worth $1 billion to develop the much rumored initiative.

Meanwhile, the United States stock market continued to drop today, with the Dow Jones Industrial Average (DJIA) slipping more than 130 points at the open, as CNBC reports. At press time, the DJIA is down 0.25%, while the S&P 500 (SPX) and Nasdaq (NASDAQ) Composite both declined about 0.5%.

Oil prices also slipped today amid new doubts over United States-China trade talks. At press time, West Texas Intermediate (WTI) crude oil is down 1%, while Brent crude and the OPEC basket dropped 1.2% and 0.5% respectively, according to Oilprice.com.

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Bitcoin Breaks Multiple Supports to Trade Above $5,800 as All Top 20 Coins Rally

Crypto markets are experiencing a major bull move, with all of the top 20 coins seeing significant growth over the day.

Friday, May 3 — the crypto markets have rallied today, with bitcoin (BTC) breaking new 2019 highs. All the top 20 cryptocurrencies by market cap are seeing significant gains over the past 24 hours, as well as over the past 7 days to press time.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin has broken multiple price thresholds over the day, having surged to as high as $5,854 from an intraday low of $5,448. At press time, the biggest cryptocurrency is trading at

$5,808, up 6.5% over the past 24 hours. Following a significant price surge, bitcoin is up almost 10% over the past 7 days.

Bitcoin’s dominance has also increased, up from 54.5% at the beginning of the day to 55.2% at press time.

Bitcoin 24-hour price chart

Bitcoin 24-hour price chart. Source: CoinMarketCap

Ether (ETH), the second-largest cryptocurrency by market cap, surged about 5%, trading at around $170 at press time and seeing 8.3% growth over the past 7 days.

Ether 7-day price chart

Ether 7-day price chart. Source: CoinMarketCap

XRP, the second-top altcoin, rose 2.4%, trading at $0.312 at press time. Over the past 7 days, the cryptocurrency is up 5.7%.

Ripple 7-day price chart

Ripple 7-day price chart. Source: CoinMarketCap

Total market capitalization spiked to as high as $187 billion today, down to $186 billion at press time. Daily trading volume has again broken $50 billion to account for more than $56 billion at press time.

Total market capitalization 7-day chart

Total market capitalization 7-day chart. Source: CoinMarketCap

Out of the top 20 cryptocurrencies by market cap, Cosmos (ATOM) is seeing the biggest gains over the day, up more than 10%. Ranked 15th on CoinMarketCap, the altcoin is now trading at 4.8%, while the coin’s market capitalization accounts for $950 billion.

Earlier today, citing an analyst at market strategy firm Fundstrat Global Advisors, Bloomberg reported that bitcoin’s price may pull back soon, but the accumulation phase is not yet over.

Also today, the Wall Street Journal reported that social media giant Facebook is seeking a $1 billion investment to develop its rumored cryptocurrency project Facebook Coin. According to the report, Facebook is now discussing potential backing from major payment operators Visa and MasterCard.

Yesterday, American asset management firm Fidelity Investments published the results of a survey claiming that 22% of institutional investors already own digital assets.

Also on May 2, Intercontinental Exchange Inc, the owner of institutional crypto trading platform Bakkt, told Reuters that it took advantage of the bear market to buy crypto assets at a discount.

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CoinMarketCap to Remove Exchanges From Calculations If They Don’t Provide Mandatory Data

Following controversy about fake volumes on CoinMarketCap, the service will require exchanges to provide mandatory API data.

Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1.

CoinMarketCap, a major source of data about all traded digital currencies, has made a series of announcements to celebrate its sixth birthday today.

As such, CMC has announced a brand new alliance called the Data Accountability & Transparency Alliance (DATA) in order to provide “greater transparency, accountability, and disclosure from projects in the crypto space.”

A broad number of exchanges have already joined the new alliance, including Binance, Bittrex, OKEx, Huobi, Liquid, UpBit, IDEX, OceanEX, Gate.io, KuCoin, HitBTC and Bitfinex, with more partners expected in the future, the announcement states.

As a part of its transparency initiative, CoinMarketCap will also now require all the crypto exchanges to provide mandatory API data that includes their live trading data and live order book data. Stressing that the condition will be mandatory, CMC wrote that any exchange that does not provide this mandatory data will be not be included in the price and adjusted volume calculations on the site.

The exchanges now have a 45-day grace period to send the required data, while changes will come into effect on June 14, 2019, CoinMarketCap noted.

Apart from the DATA alliance announcement, CMC also introduced new features such as CoinMarketCap Block Explorers, CoinMarketCap Shop, API Revised Plans and CoinMarketCap Mobile Apps.

The new announcement comes on the heels of the recently sparked controversy around CMC’s volume statistics. On March 20, crypto index fund provider Bitwise Asset Management released research claiming that 95% of the volume on unregulated exchanges is likely to be fake or non-economic in nature. Following the analysis, CMC officially announced plans to rearrange the rankings of member exchanges.

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Crypto Markets Recover With Bitcoin Breaking $5,300, Gold and Oil Prices Rise

All but one top 20 coins by market cap are in green, with litecoin seeing the biggest gains of around 7%.

Tuesday, April 30 — following another decline yesterday, crypto markets again reversed to gain momentum upwards, with all but one top 20 coins by market cap in the green.

Having skyrocketed more than 18% yesterday, IOTA (MIOTA) is the only coin among the top 20 that sees losses, down around 4.3%. In contrast, litecoin (LTC) is seeing the biggest gains over the past 24 hours, up 7.17% at press time.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin (BTC) has broken back above $5,300 today, hitting an intraday high of $5,353. At press time, bitcoin is up 1.55% over the past 24 hours to trading at $5,321. Similarly to all the top 20 cryptos, Bitcoin is still down almost 5% over the past week.

Bitcoin 7-day price chart. Source: CoinMarketCap

Bitcoin 7-day price chart. Source: CoinMarketCap

Ether (ETH), the second cryptocurrency by market cap, is up 2.3% to $159.21 at press time. Still, the top altcoin is seeing about a 8.36% drop over the past 7 days. Yesterday, tech entrepreneur and Tesla CEO Elon Musk entered a twitter conversation with ether co-founder Vitalik Buterin with a one-word tweet “Ethereum.”

Ethereum 7-day price chart. Source: CoinMarketCap

Ethereum 7-day price chart. Source: CoinMarketCap

Ripple (XRP), the third top cryptocurrency by market cap, is up 5.1% over the past 24 hours to $0.309 at press time, while the coin is still down 4.66% over the past 7 days. Recently, the world’s largest stock exchange, Nasdaq listed XRP Liquid Index (XRRLX) on its global data service.

Ripple 7-day price chart. Source: CoinMarketCap

Ripple 7-day price chart. Source: CoinMarketCap

Total market capitalization amounts to $173 billion, up from $169 billion at the beginning of the day.

Total market capitalization 7-day chart. Source: CoinMarketCap

Total market capitalization 7-day chart. Source: CoinMarketCap

Recently, Fundstrat Global Advisors founder Tom Lee made another bull prediction, claiming that crypto prices will hit new all-time highs by 2020.

Earlier today, Cointelegraph reported that blockchain-focused precious metals firm Tradewind hired ex-JPMorgan Chase executive as its new CEO. Also today, American crypto exchange ErisX announced the public launch of its spot market.

After hitting all-time highs yesterday, the United States stock market dropped today as Google’s parent company Alphabet had a bad impact on communication service sector, CNBC reports. At press time, the Nasdaq (NASDAQ) Composite is down 0.9%, while the S&P 500 (SPX) and the Dow Jones Industrial Average (DJIA) are up about 0.1%.

Oil prices rose amid Venezuela’s opposition leader urging the military to back him to topple Nicolas Maduro after Saudi Arabia claimed that their partnership to hold output could be expanded till the end of 2019. As such, West Texas Intermediate (WTI) crude oil and Brent crude are up 0.6% and 0.9%, respectively.

Gold prices also rose today as global economy concerns subsided after disappointing Chinese factory activity data. At press time, spot gold is up 0.3% to $1,283 per ounce, while U.S. gold futures gained 0.29% to $1,285.