Daily Cryptocurrency Tracker 22.4.19: Cryptos seen lower

Following a slight uptick over the weekend, the majority of the cryptocurrency market was seen lower over the past 24 hours, as 8 of the top 10 cryptos were in the red at the time of writing. Bitcoin crossed the $5,300 mark on Sunday, but over the past 24 hours, declined slightly (around 0.8% at the time of writing), to trade below the mark.

 

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Binance Coin continues to climb

Of the top 10 cryptocurrencies, Binance Coin (BNB) was one of only two cryptos to register gains over the past 24 hours. At the time of writing, the crypto, currently ranked 7th overall by market cap, was up around 1.6%. BNB reached a new all-time high over the weekend, but fell off it later. However, the crypto is still a top performer in the market, climbing more than 22% over the past 7 days.

 

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US presidential candidate calls for crypto regulation

Several members of the Democratic Party in the US are competing for the chance to take on President Donald Trump in next year’s presidential election. One of the candidates, Andrew Yang, has made a point of promoting his agenda towards the regulation of the US cryptocurrency market. On his website, Yang acknowledged the market’s exponential growth and its impact on economic activities in the US. Therefore, as part of his campaign, Yang has called for a clear crypto framework in the US, in order to further crypto investment and development.  

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