π 30 Second Cryptocurrency Price Summary Current Bitcoin Price: $10,681 Bitcoin has pulled ahead of the market today, following gains of around 5%. In comparison, Ethereum and XRP are both up less than 1%, while the colors are mixed for other top-20 altcoins. Top Stories for September 3, 2019 π₯ Back in the 2017 cryptocurrency bull market, Bitcoin and altcoins tended to move separately. For example, Bitcoin would rise for a few weeks, leaving the altcoins behind -- before which the tables would turn, entering "alt season." Following significant price gains on the 24-hour chart, Bitcoin has pulled ahead of all the altcoins today. Bitcoin's dominance is just under 70% -- levels not seen since early 2017 -- suggesting it may be time for altcoins to see a surge. With Bitcoin surging upwards but the rest of the market staying stationary, you have to wondered what may have catalyzed the unusual price movement. According to new reports, VanEck -- together with SolidX -- is soon to launch an ETF-like product to institutional investors, using an SEC exemption which allow the launch to bypass regulation. Alan Howard is a British investor with a net worth of close to $2 billion. He co-founded the Brevan Howard Asset Management LLP hedge fund, which has had dozens of billions of dollars of assets under management. Howard is set to launch a $1 billion cryptocurrency investment fund, with the goal of creating an investment opportunity that is less volatile than the market's individual coins. |