Saturday, January 19 – all the first 20 cryptocurrencies are experiencing slight to moderate gains in the 24 hours at the time of printing. The price of Bitcoin (BTC) is approaching again at $ 3,750, according to Coin360 data.
Market display from Coin360
At the time of printing, Bitcoin rises by about 2% a day, trading around $ 3,730. Looking at his weekly chart, the current price is above $ 3,663, the price at which Bitcoin started the week.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ripple (XRP) gained slightly more than 1.6% of the day, trading at around $ 0.331 at the time of printing. On the weekly chart, the current price is higher than $ 0.329, the price at which XRP started the week and, in particular, is less than $ 0.337, the maximum of the week indicated on January 14th.
7 days price chart ripple. Source: CoinMarketCap
Ethereum (ETH) has seen its value increase by almost 3 percent in the last 24 hours. At the time of printing, ETH traded at nearly $ 125, having started the day around $ 121. On the weekly chart, the current value of Ethereum is almost identical to $ 126, the price at which the currency started the week.
7-day chart of Ethereum. Source: CoinMarketCap
Among the top 20 cryptocurrencies, those that recorded the most significant growth of the day are NEO, which is above 5%, and Maker (MKR) and Litecoin (LTC), both up about 4%.
The combined market capitalization of all cryptocurrencies – currently about $ 124.5 billion – is higher than $ 121.8 billion, the value reported a week ago.
7-day chart of the total encrypted market. Source: CoinMarketCap
As Cointelegraph recently reported, the Organization for Economic Co-operation and Development (OECD) stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs).
In addition, CNBC's encrypted entrepreneur and regular contributor, Brian Kelly, said there was no possibility for the approval of an ETF (Bitcoin Exchange Traded Fund) in 2019. Kelly made his remarks in an interview with Cointelegraph at the Crypto Finance Conference this week.