Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

in bitcoin •  6 years ago 

740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9mZmQ4OGUyZDc1ZjViM2Y1N2E1YmE0YmJiNmVkODI5OS5qcGc=.jpg

Crypto markets are seeing for the most part green today, July 21, proceeding with the energy of the current week's rise. The best ten altcoins are positively recovering quality today, up as much 8 percent, as indicated by Coin360, with Bitcoin (BTC) just marginally in the green, drifting close to yesterday's levels.

Capture.JPG

The top cryptocurrency is currently trading at $7,426 at press time, up just under 1 percent on the day. Bitcoin saw an intraday low of $7,246.

Capture.JPG

Top altcoin Ethereum (ETH) has seen more significant growth over the past 24 hours, up almost 5 percent and trading at $466 at press time. The altcoin is holding weekly gains of almost 8 percent, peaking at over $500 on July 18.

Capture.JPG

Total market capitalization of all cryptocurrencies is hovering around $282-283 bln, currently at $282.7, up about 2 percent over the past 24 hours to press time. The total market cap is down from this week’s peak of almost $300 bln.

Capture.JPG

Among the top ten cryptocurrencies on CoinMarketCap, Stellar (XLM) and IOTA (MIOTA) are up the most on the day, seeing over 7 and almost 5 percent growth respectively.

Other than stable coin Tether, Cardano (ADA) is seeing the least 24-hour growth of the top ten coins, up only 1.53 percent. Cardona is, however, seeing major growth on the week, boasting a whopping 23 percent price increase.

Yesterday, July 20, the Chicago Mercantile Exchange (CME) reported that BTC futures daily average volume have increased by 93 percent in Q2 over Q1. The number of open contracts on Bitcoin futures also increased by 58 percent.

This week’s crypto market growth got further encouragement yesterday, July 20, when the CEO of crypto trading platform BitMEX suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018.

Source : https://cointelegraph.com/news/liverpool-aims-to-become-world-s-first-climate-positive-city-using-blockchain-tech

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @burhanhamzam! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - The results, the winners and the prizes

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

@burhanhamzam, enjoy the vote!

Have you claimed your FREE Byteballs yet? Check out this post on how you can get $10-80 just for having a Steem account: https://steemit.com/steem/@berniesanders/get-free-byteballs-today-just-for-having-a-steem-account-usd10-80-in-free-coins

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://coss.io/news/article/ee857224-39cb-4d6b-8a46-d492d29df7a8