China’s Potential SWIFT Competitor CIPS Lacks Reach; Bitcoin, Ether Rise Again

At the time of publication, bitcoin was trading at about $44,200, up about 3% over the past 24 hours. Ether, the second largest cryptocurrency by market cap, was changing hands at a little below $3,000, a more than 2% increase. Almost all other altcoins in the CoinDesk top 20 by market cap were trading higher with SHIB and SAND both up about 5%.