Crypto Markets Showing Positive Signs, With Gains For Top Ten Coins

Wednesday, May 2: the crypto markets are reasserting their recovery from recent corrections, with all of the top ten coins by market cap showing percentage gains today, as Coin360 data shows.Bitcoin (BTC) is reclaiming a level above the $9,000 mark, trading at $9,142 to press time, up almost 2 percent in the 24 hour period.Ethereum (ETH) is up almost 4 percent over the 24 hour period, holding ground just above $675 since early morning, after it took a hit yesterday, trading as low as $637.Yesterday’s dip may have momentarily absorbed the impact of a Wall Street Journal report that ETH is currently in a regulatory “gray zone” in the eyes of some U.S. Securities and Exchange Commission (SEC) officials.The WSJ article followed similarly equivocal comments from former U.S. government regulator Gary Gensler, but markets seem to have voted their confidence today. ETH’s developers maintain they are "extremely comfortable” ETH will…

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