Newsflash of May 08, 2020

Market Cap at 8:30 (UTC) – $200,653,176,820

Bitcoin dominance: 65.2 % 

BTC $9,836.03 (+5.8%)

ETH $211.12 (2.55%)

XRP $0.216117 (0.2%)

Silvergate Bank saw a 75% growth in BTC trading volume

According to a recent document (https://www.sec.gov/Archives/edgar/data/1312109/000131210920000037/si1q20transcript42920e.htm), Silvergate Bank reported significant increase in their trading volume compared to the previous quarter which is 75% and a growth of 118% of BTC transaction volume. Silvergate believes they can expand their position in digital assets based on the performance.

Stay safe and happy trading.

Yours,

4C-Trading

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