In terms of 24-hour growth, fourth-largest cryptocurrency Bitcoin Cash has soared ahead of other assets, seeing an astonishing 36 percent spike to hit $165 as of press time.
With 7-day growth over 80 percent, the coin still remains close to 50 percent down on its monthly chart.
Newly-forked Bitcoin SV, currently ranked 9th largest cryptocurrency, has also seen notable volatility, up 13 percent around $102, according to CoinMarketCap data.
Largest cryptocurrency Bitcoin has rebounded to trade around $4,100, up a solid 6 percent on the day, and almost $1,000 higher than its intraweek low at $3,185, Dec. 14.
On the week, Bitcoin is now up by almost 22 percent; monthly losses nonetheless remain close to 27 percent.
The asset's cumulative fortunes over the week have brought its 7-day chart to a strong 29 percent in the green.
Ripple's monthly chart remains solidly red, indicating a loss of just over 20 percent.
Ethereum - ranked third crypto by market cap - has comfortably reclaimed its three digit value, trading at $111 and up close to 5 percent in the 24 hours to press time.
All of the remaining top ten on CoinMarketCap are in the green - although growth is more tempered, with Litecoin up 4.6 percent at close to $32.50 and Stellar up 2 percent at $0.12.
Waves is the only top twenty crypto in the red, down 2.5 percent at $4.14, after bullish funding and development news saw it spike by over 30 percent yesterday.
Bitcoin Back Over $4K as Crypto Markets See Fifth Day of Green
Udgivet den Dec 20, 2018
by Cointele | Udgivet den Coinage
Coinage
Nævnt i denne artikel
Seneste nyheder
Se alt
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.