Bitcoin and Ethereum traded in the green on Tuesday evening as the global cryptocurrency market cap fell 0.8% to $974.3 billion at press time.
Price Performance Of Major Coins
Coin
24-hour
7-day
Price
Bitcoin (CRYPTO: BTC)
0.3%
-8.7%
$21,214.57
Ethereum (CRYPTO: ETH)
0.9%
-5.2%
$1,448.63
Dogecoin (CRYPTO: DOGE)
0.5%
-9.05%
$0.06
Top 24-Hour Gainers (Data via CoinMarketCap)
Cryptocurrency
24-Hour % Change (+/-)
Price
Qtum (QTUM)
+7.8%
$3.65
OKB (OKB)
+5.3%
$15.42
Ethereum Classic (ETC)
+8.1%
$25.16
See Also: Best Crypto Debit Cards
Why It Matters: Risk assets like stocks and cryptocurrencies continue to remain correlated. At press time, major coins traded higher as stock futures rose.
The S&P 500 and Nasdaq futures rose 0.8% and 1.4%, respectively, at press time as investors digested earnings data from Google’s parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT), the Redmond, Washington-based tech giant.
Cryptocurrency investors are also on tenterhooks regarding the ongoing U.S. Federal Reserve‘s Open Market …
Full story available on Benzinga.com