People & Money

Ethereum bucks the trend and Bitcoin slips, but still steady above $19k

Bitcoin trading volumes have tempered somewhat since yesterday’s little breakout in the price of the original cryptocurrency, which at one point was trading at a high of $19,589.

The price of Bitcoin has slipped since yesterday to $19,307, but is still holding strong above the $19,000 mark.

Also Read: Bitcoin back over $20k after mini breakout as cryptocurrencies counter equity markets

Ethereum seems to be following its own path this morning, having held on to yesterday’s gains, trading up 0.75% at $1,347. The second largest crypto by market cap is up one percentage point over a week, one of the few cryptocurrencies still in the green over this period.

The SP500 and other equity indices are also up around 1% this morning, with experts attributing the slight bump in investor confidence to a bear market bounce, adding that market uncertainty is still high.

This article was culled from cityam.com

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