Despite the correction that almost followed the bullish streak over the past week, as of now, Bitcoin seems to hold strong above the $5000 levels, with its press time price hovering around $5,074 (Bitstamp), a 0.35% decline in value within the last 24 hours.
Ethereum and Ripple are also recording slight losses with their current prices floating around $163 (market cap of $17 billion) and $0.325 (market cap of $13.6 billion) respectively.
Overall, it looks like the heavy traders had gone off to their weekend vacations and the real action will start tomorrow when a new week starts.
The total market cap is ~$172 billion | Bitcoin’s market cap is ~$89.7 billion | BTC dominance is at 52.1%
Major Crypto Headlines
Samsung SDS, Mahindra join forces for blockchain technology: Samsung SDS, a subsidiary of Samsung Group, has reportedly signed a partnership with Mahindra, an Indian IT giant Tech to explore the opportunities of the international blockchain market.
Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation: Despite the implementation of regulations in the Australian crypto market, local banks in the country continue to tread with caution when dealing with crypto-related businesses.
Elon Musk Mentions Crypto For The Umpteenth Time: Should We Care?: Elon Musk, the brain behind Tesla and SpaceX, is still bullish on cryptocurrencies and continues to entertain the twitter community with his humour, and this time noting that cryptocurrency is his “safe word.”
Most Significant Gainers And Losers
Puregold Token (112.34%)
Puregold Token (PGTS) is on a bullish streak despite the current market downturn. Although PGTS experienced a sharp decline which dropped its price from $0.036 to $0.012 within the last two days, a price correction was quick to follow: The small-cap altcoin now trades at $0.039 with a market cap of $443,212.
Despite the violate price movement of CyberVein (CVT), the altcoin is one of the most significant gainers over the last 24 hours. CVT traded at $0.01 on April 13 but now boasts of a price of $0.022 and a total market cap of $23,457,113.
DEX (DEX), the official token of the Coinbit exchange, is recording the most significant loss among cryptocurrencies with a minimum market cap of $100K. Losing more than 20% of its value against the USD, DEX currently trades at $0.041433 with a daily volume of $2,223,857.
The post Crypto Daily Market Watch: Bitcoin Continues to Hold Strong Above The $5000 Mark As The New Week Starts appeared first on CryptoPotato.
Source: Crypto Potato