Digital coins have surged in April as many of the world’s stock and bond markets struggled for direction. Photo: BloombergMadrid: The world’s biggest cryptocurrencies rose again on Tuesday, extending their April rally deep into its fourth week and taking this month’s increase to more than 75%. Ethereum, Bitcoin and EOS helped lead the advance, prices compiled by Bloomberg and Coinmarketcap.com show. “A lot of people who trade Bitcoin do it off technicals, the same as any commodity, like wheat or oil,” Ostwald said. “For some of them, there’s clearly a downtrend broken, after a double-bottom.”The digital coin surge in April coincided with many of the world’s stock and bond markets struggling for direction.

Source: Mint April 24, 2018 10:52 UTC