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.
< 1 min
Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.09
Trade-0.25% -
USD/JPY
148.65
Trade-0.48% -
GBP/USD
1.3
Trade+0.07% -
GBP/JPY
193.37
Trade-0.41% -
EUR/JPY
162.16
Trade-0.75%
-
Shopify Inc.
101.59
Trade+2.89% -
Tesla, Inc.
238.21
Trade+4.43% -
NVIDIA Corporation
118.41
Trade+3.02% -
Apple Inc.
215.7
Trade+1.25% -
Amazon.com, Inc.
195.9
Trade+1.48%
-
Gold
3049.99
Trade+0.6% -
Crude Oil WTI
67.02
Trade+0.56% -
Gold-Gram
98.06
Trade+0.59% -
Crude Oil Brent
70.57
Trade+0.67% -
Silver
33.87
Trade-0.28%
-
US 100
19778.65
Trade+1.44% -
GER 30
23310.55
Trade-0.43% -
US 500
5689.54
Trade+1.21% -
US 30
42031.3
Trade+1.01% -
JP 225
37962.5
Trade+0.18%
-
UltraPro Short QQQ
36.41
Trade-2.49% -
Daily Junior Gold Miners Index
61
Trade+1.43% -
S&P 500 ETF
567
Trade+0.78% -
Gold Miners ETF
45.2
Trade+0.85% -
Bitwise Bitcoin ETF (BITB)
46.55
Trade+1.81%
Your capital might be at risk
Related posts
Top Crypto Assets, Rumours and Strategies for 2025
How To Short Sell Crypto: Making Profits in a Bear Market
2 stars of the crypto market: Bitcoin vs. Ethereum
Day Trading Cryptocurrencies on IQ Option
Cryptocurrency News: Where Are We Headed?
Crypto Trading: Still Hot or Not?
Trading CFDs on Crypto with IQ Option
Bitcoin Technical Analysis: July 2020. Bulls or Bears?
What should you learn next? Turn the wheel to find out!
