The cryptocurrency markets are assuming slight absolute advance today March 10, with Bitcoin (BTC) ascent aback up aloft $9,000 and about all of the top 100 coins, except one, listed on CoinMarketCap in the blooming as of columnist time.
BTC had accomplished over $11,500 during its intra-week aerial on March 5, afore bottomward beneath $9000 yesterday, March 9. BTC is currently trading at about $9,500, up about 5 percent over a 24 hour aeon to columnist time.
Ethereum (ETH) is still beneath $800, but up from its account low beneath $700 yesterday, March 9. The top altcoin is trading now about $740, up about 5.5 percent over a 24-hour aeon by columnist time. Ethereum has consistently backward beneath $1000 — a amount point it had ahead burst in mid-January — anytime back the bazaar dip in aboriginal February.
Of the top ten bill listed on CoinMarketCap, Bitcoin Cash (BCH) is up the best over a 24 hour period, about 9 percent, and trading about $1,084 by columnist time.
Altcoin Ripple (XRP) is up the atomic of the top ten bread on CoinMarketCap, a little added than 1 percent over a 24 hour period, trading about $0.84 by columnist time.
Total bazaar assets for all cryptocurrencies is about $389 bln by columnist time, on the lower end compared to its February highs over $500 bln, but up from it’s account low of $344 bln March 9.
Although the markets are seeing a slight accretion today, the all-embracing slump back the alpha of the year has been attributed to the $400 mln sell-off by the defalcation trustee of the above crypto barter Mt. Gox. The added afresh slump this anniversary can be accustomed to all-around authoritative news, including the US Securities and Barter Commission (SEC) advertisement that all crypto trading platforms should annals with the SEC.
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