Major cryptos surge after bitcoin suddenly rises from the dead

https://www.rt.com/business/455452-crypto-currencies-rise-bitcoin/

The world’s biggest digital currencies by market capitalization have risen after leading crypto bitcoin topped $5,000 for the first time since November, gaining more than 20 percent in one day.

Crypto markets jumped higher on Wednesday, with ethereum and XRP gaining by 9.26 percent and 5.8 percent respectively, according to the CoinMarketCap website. Two more of the top five tokens – litecoin and EOS – were up 20 and 12 percent respectively.

Meanwhile, a bitcoin off-shoot, bitcoin cash, posted the biggest gains as it rose around 50 percent and headed to $350 per token.

The significant increase in digital currencies’ prices, the likes of which has not been seen for months, was triggered by an earlier bitcoin (BTC) price breakout. The token soared to more than a four-month high on Tuesday, briefly breaching the $5,000 level before retreating slightly. It was still up more than four percent on Wednesday afternoon, trading at $4 959.36 as of 11:37 GMT.

Following the rally, the total crypto market volume over the last 24 hours hit $89.5 billion – the highest on record since January 2018, data from CoinMarketCap shows. The volume rose by more than $20 billion in just one day.

The sudden surge may have been driven by a $100-million algorithmically managed order for the digital currency that was placed overnight and spread across the US exchanges Coinbase and Kraken and Luxembourg’s Bitstamp, chief executive of cryptocurrency firm BCB Group, Oliver von Landsberg-Sadie, believes.

———-

“mystery buyer”..

“The sudden surge may have been driven by a $100-million algorithmically managed order for the digital currency that was placed overnight”

so its not a mystery really..

401

~ by seeker401 on April 5, 2019.

6 Responses to “Major cryptos surge after bitcoin suddenly rises from the dead”

  1. “Globalist Warning Signs Are There” – BIS Boss Outlines Central Bank Digital Currencies Vision

    https://www.zerohedge.com/news/2019-04-04/globalist-warning-signs-are-there-bis-boss-outlines-central-bank-digital-currencies

  2. we rpeat isLUCIFERIANSS coinss broadcast https://proxy.duckduckgo.com/iu/?u=https%3A%2F%2Ftse1.mm.bing.net%2Fth%3Fid%3DOIP.14pB8GeZNNqWMYUw_M2eMAHaHa%26pid%3DApi&f=1
    btw was discussion abt ROACHESS when all is unveil be worst thanHIT but was HIT bastard from ROACHESS ? we talk onForum abt that or in some post here bfore

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