CV Market Watch™: Weekly Crypto Trading Overview (April 12-19, 2019)

Cryptovest

Published Apr 19, 2019 10:35AM ET

Updated Apr 19, 2019 11:41AM ET

CV Market Watch™: Weekly Crypto Trading Overview (April 12-19, 2019)

Bitcoin (BTC) stabilized once again, slowly rising above $5,200. The leading coin is still not seeing unbridled enthusiasm, but is maintaining this range.



Kraken Follows Through with Bitcoin SV (BSV) Delisting

Bitcoin (BTC) did not fall under $5,000 during Tuesday’s sell-off and rose above $5,200. Ahead of the weekend, BTC traded at $5,280.12, on volumes of around $13 billion in 24 hours.

The share of Tether (USDT) increased to above 77% on Friday and BTC now dominates 51.9% of the market capitalization of all assets. The influence of stablecoins currently drives the price.



Binance Coin (BNB) Price Continues Rise as Binance Opens Token Swap

Ethereum (ETH) sank to lower levels, but bounced again, adding a net 5.4% this week to reach $173.58. The coin’s movements are relatively uneventful, as ETH is supported by its importance within the trading ecosystem as part of multiple pairs.

XRP (XRP) rose to $0.33, as it spread its influence as a base pair asset and wallets appeared on the Apple (NASDAQ:AAPL) a...