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Daily Cryptocurrency Tracker 8.4.19: Crypto market at 5-month high

After registering impressive gains last week, with many cryptocurrencies hitting price levels not seen since November of last year, the crypto market kept its positive momentum over the weekend. Over the past 24 hours, 7 of the top 10 cryptos continued to register gains, including Bitcoin, which was up around 2.5% at the time of writing, trading above the $5,200 mark.

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Ethereum climbs 8%

Currently ranked 2nd overall by market cap, Ethereum led the top 10 in gains over the past 24 hours, climbing more than 8% as of the time of writing. Registering weekly gains of more than 28%, Ethereum prices are now at levels not seen since November of last year. Ethereum Classic, currently ranked 17th by market cap, also climbed around 8% over the past 24 hours, reaching price levels not seen in 5 months.

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Crypto market cap hits 5-month high

After registering 10 straight weeks of weekly gains, the overall market cap of cryptocurrencies hit the $185 billion mark over the past 24 hours – the first time it reached the mark since November 18th, 2018. After reaching the milestone, the crypto market dipped slightly, logging an overall cap of around $183 billion at the time of writing.

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