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Bitcoin Approaches $5,300 as US Stocks See Growth


Most of the top 20 cryptocurrencies are reporting slight to moderate gains as Bitcoin approaches the $5,300 mark.

Wednesday, April 10 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) approaches the $5,300 mark.

Market visualization courtesy of Coin360

Market visualization courtesy of Coin360

Bitcoin’s price is up just over one percent on the day, trading at around $5,272 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is about 4% higher than $5,038, the price at which Bitcoin started the week.

Bitcoin 7-day price chart. Source: CoinMarketCap

Bitcoin 7-day price chart. Source: CoinMarketCap

As Cointelegraph reported earlier today, the Japanese finance regulator the Financial Services Agency discussed not describing Bitcoin as a virtual currency in a recent hearing.

Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $18.9 billion. The…



Read Full Story : Cointelegraph.com News

2019-04-10 16:14:00

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Written by Cointelegraph

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