Crypto markets are seeing another wave of growth, with Bitcoin trading above $6,700 en 19 out of the top 20 coins firmly in the green.
Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 uur, volgens CoinMarketCap.
Markt visualisatie van Coin360
Bitcoin is also up 3.3 procent in de afgelopen 7 dagen, and up 5 percent up on the month. Despite that, Bitcoin’s dominance has dropped slightly, down from 55.6 percent a week ago to 51.2 percent at press time, volgens CoinMarketCap.
Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index
The coin is up 2.6 percent in 24 hours to press time, currently trading at $245. Ethereum is up a significant 10.4 percent on the week, but it has not yet managed to recuperate its monthly losses, still down around 9 procent in de afgelopen 30 dagen.
Ethereum price chart. Source: Cointelegraph Ethereum-prijsindex
The third largest cryptocurrency by market cap Ripple (XRP) is the only one to see some losses among the top 20 coins, volgens CoinMarketCap. Following a period of immense growth earlier this week, Ripple is down 0.23 procent in de afgelopen 24 uur, to trade at $0.568.
Ripple price chart. Source: Cointelegraph Ripple Price Index
Crypto markets are holding their gains firmly, with total market cap slightly up over the past 24 uur, currently at $227 billion. Following a significant sell-off that started on September 5, the market has only recently climbed back above the $220 billion point.
Totale marktkapitalisatie grafiek. Source: CoinMarketCap
The sixth largest coin by market cap Stellar (XLM) is seeing the most gains among the top 20. Stellar’s price has surged more than 20 percent in 24 hours to press time, currently at $0.289. The altcoin experienced considerable growth this week, up around 40 procent in de afgelopen 7 dagen, volgens CoinMarketCap.
CNBC’s Ran Neuner has noted in a tweet that cryptocurrencies are gaining significant momentum, pointing out that the daily trade volume of the entire market is approaching $14 billion, which is “the most volume we have seen in a while.”