Bitcoin[1] (BTC) is on the cusp of $9,000, and Ethereum[2] (ETH) is over $630, as the crypto markets continue to climb[3] upwards today, April 22, according to data from Coin360[4].
BTC is currently trading at around $8,977[5], having broken $9,000 earlier today, up almost 2 percent over a 24 hour period to press time. According to CoinMarketCap, BTC dominance is around 38.4 percent[6], down from a monthly high around 44 percent.
ETH is up over 5 percent over a 24 hour period, trading at around $637[7] at press time, a level it last hit on March 14.
Of the top ten coins on CoinMarketCap[8] – which are all in the green today – Bitcoin Cash[9] (BCH) and IOTA[10] are up the most, up 9 and 10 percent on the day, respectively. BCH is trading for around $1,240, and IOTA around $2.08 at press time.
The total market capitalization of all cryptocurrencies is nearing $400 bln, currently around $397 bln[11] as of press time. The last time total market cap reached this price point was in early March.
This weekend has seen some potentially good news for crypto regulation. In India, a crypto company has filed a claim[12] against the Reserve Bank of India[13] (RBI) for their earlier decision to end dealings[14] with crypto-related entities, claiming the ban is unconstitutional. RBI has until May 24 to respond to a notice, then reportedly issued by the High Court of Delhi[15].
