BTC prices today were hovering near $9,000 per coin, and the price of Bitcoin has now climbed 26% in the last two weeks.
Investors are becoming increasingly bullish about BTC, as financial institutions like Barclays Plc. (NYSE: BCS) become more interested in entering the cryptocurrency market.
The cryptocurrency exchange Coinbase struck a deal with Barclays in March that allows the exchange to open a bank account with the financial firm. This is a positive development given that several banks have banned credit card customers from purchasing cryptocurrencies.
Here is a recap of the top five cryptocurrencies by market cap as of 2:00 p.m. EDT.
Cryptocurrency | Market Cap | Price | Change (24h) |
Bitcoin (BTC) | $151 Billion | $8,888.56 | -0.53% |
Ethereum (ETH) | $63 Billion | $639.21 | +0.35% |
Ripple (XRP) | $34 Billion | $0.87 | -2.20% |
Bitcoin Cash (BCH) | $23 Billion | $1,357.50 | +9.57% |
EOS | $9.3 Billion | $11.45 | -1.09 |
Now, here's a closer look at today's Money Morning cryptocurrency insight, as well as the most important cryptocurrency update you need to know...
The "Bitcoin Misery Index" is a buy-sell indicator created by Fundstrat Global Advisors co-founder Tom Lee.
It debuted in March, and it's been flashing a "buy" signal for weeks.
"Millionaire-Maker": A potential upgrade taking place behind the scenes could send the Bitcoin price to unprecedented highs. Few people even know about this game changer. Click here to learn how you could make millions...
Money Morning Cryptocurrency Expert David Zeiler breaks down everything you need to know about this new indicator right here.
Now, let's take a look at the top cryptocurrency stories from today, April 23.
Bitcoin is expected to undergo a massive upgrade - and it could kick off a price surge all the way to $100,000.
Cryptocurrency expert Michael Robinson has put together a special report on a unique strategy that could help you pocket one windfall after another not just on Bitcoin, but on all the cryptos he's following now.
To get step-by-step instructions on how you could become the next crypto millionaire, click here now...
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About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.