Crypto trade volume hits new ATH – April 4

📈 30 Second Price Summary

Current Bitcoin Price: $4991

Over the last 24 hours, the cryptocurrency market has corrected by about 2%. Bitcoin itself is looking relatively stable, while Ethereum and XRP have fallen 3.5% and 5.8% respectively.

Bitcoin Cash is sustaining its rally, up a further 9% today, but it’s a mixed outlook for most other major altcoins. Binance Coin, Stellar, and Cardano are all down more than 3%, while NEO and Ontology are both up in the 7-8% range.

Top Stories for 4th April 2019 🔥

👉 Crypto trade volume hits new ATH

On Tuesday, the cryptocurrency market saw a sudden spike in price as three coordinated purchases of over 7000 Bitcoins each liquidated shorts and triggered trading algorithms. The frenzy continued onto Wednesday, as the prices of most major coins continued to rise.

Yesterday, reported Bitcoin trading value hit a new all-time-high: a supposed $87 billion within 24 hours. While a large amount of this trading volume is likely fake, it still beats the previous volume highs, which also included a majority of fake volume.

👉 BBC World Radio dedicates episode to crypto

BBC World Service is the world’s largest radio broadcaster. Every day, the radio’s schedule includes a short, business segment called “Business Daily”, which is broadcasted to millions of listeners live and later shared on the web.

The program just dedicated an entire Business Daily episode to talking about crypto, following Bitcoin’s recent spike, which even included an interview with a Reddit cryptocurrency community member.

👉 Sunny Lu: VeChain not acquiring Ambrosus

Yesterday, rumors spread that VeChain — the large and popular enterprise blockchain project — would be acquiring Ambrosus, a blockchain IoT network with its focus on sensors. A business name change was even reported by an extremely trustworthy Swiss official business authority.

However, Sunny Lu, VeChain’s founder, has come to Twitter to announce that they would not be acquiring the project. This has lead some users to believe that this was an exit-scam on behalf of the Ambrosus team, designed to pump prices up.