RATE Group | Bitcoin price breaks $7,000 as US stock market sees minor uptick
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Bitcoin price breaks $7,000 as US stock market sees minor uptick

Bitcoin price breaks $7,000 as US stock market sees minor uptick

Bitcoin breaks $7,000 again, with most of the top 20 cryptocurrencies reporting moderate gains.

Wednesday, April 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time. This mid-week rise comes after Bitcoin (BTC) broke the $7,000 mark for the third time this week.

Market visualization courtesy of Coin360

Market visualization courtesy of Coin360

Bitcoin price is currently up by 3.72% on the day, trading at around $7,079 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 5%.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: Coin360

The total market capitalization of all cryptocurrencies at time of publication is $203.1 billion. That’s about 5.12% higher than the value reported a week ago.

In the traditional markets, the US stock market is seeing slight gains today as well, with the S&P 500 up 1.61% and the Nasdaq up 1.85% at press time. The CBOE Volatility Index (VIX), on the other hand, has lost 4.25% during the same…

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