The largest digital currency by market capitalization traded 9.5% higher above $8,400. The jump marked a gain of more than $2,000 in just over a day.
The gains followed a Senate Banking Committee hearing Tuesday on virtual currencies where the chairmen of the Securities and Exchange Commission and Commodity Futures Trading Commission emphasized consumer protection without a heavy-handed ban on development of cryptocurrencies.
After the hearing, bitcoin fell below $6,000 to $5,947.40, its lowest since Nov. 13, amid a plunge in U.S. stocks. Other cryptocurrencies traded higher Wednesday morning. Ethereum went up 5.6% to $838, ripple to 2.3% and bitcoin cash gained nearly 4.8 percent. On a 24-hour basis, the 15 largest cryptocurrencies by market cap showed double-digit gains.
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Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.05
Trade+0.65% -
USD/JPY
153.75
Trade-0.35% -
AUD/USD
0.65
Trade+0.35% -
GBP/JPY
193.5
Trade+0.02% -
GBP/USD
1.26
Trade+0.37%
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Shopify Inc.
111.04
Trade+1.68% -
Tesla, Inc.
338.53
Trade-4.7% -
NVIDIA Corporation
135.87
Trade-3.44% -
Amazon.com, Inc.
201.44
Trade+1.33% -
SolarEdge Technologies, Inc.
13.77
Trade+8.68%
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Gold
2631.25
Trade+0.67% -
Crude Oil WTI
69.5
Trade+1.45% -
Crude Oil Brent
73.16
Trade+1.05% -
Silver
30.52
Trade+1.29% -
Natural Gas
3.46
Trade+2.7%
-
US 100
20840.43
Trade+0.28% -
US 30
44809.5
Trade+0.24% -
GER 30
19330.45
Trade+0.22% -
US 500
6002.55
Trade+0.25% -
US 2000
2439.46
Trade+0.7%
-
S&P 500 ETF
597.45
Trade-0.29% -
Valkyrie Bitcoin Fund (BRRR)
26.85
Trade-2.49% -
20+ Year Treasury Bond ETF
92.7
Trade+0.49% -
Daily Junior Gold Miners Index
42.33
Trade-0.72% -
UltraPro Short QQQ
33.14
Trade+1.61%
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