Market Update
Despite the recent attacks on Bitcoin's credibility by Jamie Dimon, JP Morgan's CEO, the cryptocurrency has been able to remain fairly stable at the 3600-3700 levels over the weekend. Currently, Bitcoin is sitting at $3,779 after a 2.95% increase in the last 24h. With over $196.27 M exchanged in the last day, the USD/BTC pair 27.85% of the total trading volume, while the JPY leads at a 51.64% rate.
Over the weekend, Ether recovered from the $260 range to $290. Currently sitting at $289, Ether is up 2.85% in the last 24h with the KRW leading trading volume at 43%. The USD/ETH pair currently represents 26.7% of the global trading volume, with roughly $92M exchanged in the last day.
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