Cryptocurrencies: Bitcoin Sits Near $66K

Vettafi04-24

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this series began. ...

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We’ve also included XRP, as it was one of the largest cryptocurrencies when this series began. ...</p>\n\n<a href=\"https://etfdb.com/crypto-channel/cryptocurrencies-bitcoin-sits-near-66k/\">Source Link</a>\n\n</div>\n","source":"etfdb_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrencies: Bitcoin Sits Near $66K</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrencies: Bitcoin Sits Near $66K\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://etfdb.com/crypto-channel/cryptocurrencies-bitcoin-sits-near-66k/><strong>Vettafi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this series began. ...</p>\n\n<a href=\"https://etfdb.com/crypto-channel/cryptocurrencies-bitcoin-sits-near-66k/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4594","symbol_name":"比特币ETF概念","start_time":0,"source_url":"https://etfdb.com/crypto-channel/cryptocurrencies-bitcoin-sits-near-66k/","article_id":"2430046432","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430046432","pubTimestamp":1713916800,"sourceInfo":{"source_id":"etfdb_highlight","name":"Vettafi"},"weMediaInfo":null,"summary":"This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this series began. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.”Bitcoin was the world’s first cryptocurrency and decentralized digital currency. The first bitcoin transaction occurred in early 2009 and has since grown worldwide. Ether another cryptocurrency run on the Ethereum blockchain platform and has the second largest market share, despite being the newest of the three with its launch in July 2015. XRP, which is owned by Ripple launched in 2012, was one of the larger cryptocurrencies for some time until new coins joined the market. We’ve included it here for reference.","collect":0,"end_time":0,"defaultTopTitle":"etfdb.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念","ARKB":"ARK 21Shares Bitcoin ETF","BK4550":"红杉资本持仓","FDN":"First Trust Dow Jones Internet I","BK4588":"碎股"},"translate_title":"加密货币：比特币近6.6万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FDN":0.9,"ARKB":0.7},"content_text":"This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this series began. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.”\n\n\n\nBitcoin was the world’s first cryptocurrency and decentralized digital currency. The first bitcoin transaction occurred in early 2009 and has since grown worldwide. Ether another cryptocurrency run on the Ethereum blockchain platform and has the second largest market share, despite being the newest of the three with its launch in July 2015. XRP, which is owned by Ripple launched in 2012, was one of the larger cryptocurrencies for some time until new coins joined the market. We’ve included it here for reference.\nThe third-largest market share of cryptocurrency, tether, is a token “backed by actual assets” which includes one US dollar, one euro, or loans to affiliate companies and is controlled by the owners of Bitfinex. It’s a controversial cryptocurrency due to its alleged manipulation of crypto pricing. It is called a “stable coin” because it was designed to always be worth $1.00. We do not chart it because its price rarely changes.\nFor a better understanding of crypto market cycles, read more here.\n\nThe Latest Crypto Data (through April 23, 2024)\n\nBitcoin’s price slowly rose this week and currently sits near $66,000. BTC is up ~50% year to date.\n\n\n\n\n\n\n\n\nContent continues below advertisement\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nXRP’s price continued to fall this week and is now down ~13% year to date.\n\n\n\n\n\nEther’s price briefly dropped below $3,000 for the first time since February earlier this week but now sits near $3,200. ETH is currently up ~37% year to date.\n\n\n\n\n\n\n\nAn index has been created in order to chart these three cryptocurrencies together, considering their significantly different pricing histories. Ether tops the chart, i.e., the price of an ether has changed the most out of all three cryptocurrencies.\n\n\n\n\n\nOn January 10th, the SEC approved spot bitcoin ETFs from a range of issuers such as Grayscale Bitcoin Trust ETF (GBTC B+), iShares Bitcoin Trust (IBIT C+), Fidelity Wise Origin Bitcoin Fund (FBTC ), ARK 21Shares Bitcoin ETF (ARKB ), Bitwise Bitcoin ETF (BITB ). Here are some of the quick takeaways from the spot bitcoin ETF launch.\nOther ETFs associated with cryptocurrencies include: ProShares Bitcoin Strategy ETF (BITO A-), ProShares Short Bitcoin Strategy ETF (BITI C+), VanEck Ethereum Strategy ETF (EFUT A), and Bitwise Ethereum Strategy ETF (AETH ).\nOriginally published on Advisor Perspectives.\nFor more news, information, and analysis, visit the Crypto Channel.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430046432"}