According to CoinMarketCap, crypto markets continued their rise yesterday, as following some red signals yesterday all top 20 coins show some signs of progress.
The total market capitalization and daily trading volume of crypto markets maintained stability over the day. At the time of writing, the market cap was $134.9 billion, while daily trade volume amounts to $24.32 billion.
Total market capitalization chart from 15 – 23 Feb. Source: CoinMarketCap
The biggest cryptocurrency as per the market size, Bitcoin (BTC) managed to broke $4,000 point, albeit for a brief time. Notably, the token managed the feat for the fourth time this month. As of press time, BTC is up around 1% and is trading at $3,987, up almost 10 percent over the past 7 days.
Bitcoin price chart from 15 – 23 Feb. Source: CoinMarketCap
Ethereum (ETH) is up by 2.47 % and is trading at $148.75, after dropping as low as $145 earlier on the day. The top altcoin strongly held its weekly momentum, up more than 21 percent at press time.
Ethereum price chart from 15 – 23 Feb. Source: CoinMarketCap
The third top cryptocurrency by market cap, Ripple (XRP), observes a slight upward trend with 0.28 percent and is trading at $0.321. Over the week it gained 6.87 percent.
Ripple price chart from 15 – 23 Feb. Source: CoinMarketCap
The fourth top cryptocurrency as per the market cap, EOS (EOS) continued its growth and observed the most significant growth amongst the top 20 coins today, up around 3.5 percent at press time. According to CoinMarketCap, EOS has seen the most growth among top 20 over the past 7 days, up almost 40 percent.
EOS price chart from 15 – 23 Feb. Source: CoinMarketCap
Alexis Ohanian, Reddit co-founder assured that the crypto winter has been slyly good for the market as just the true crypto believers have stayed put to evolve the crypto infrastructure without speculators on the market.
OKEx, the third top crypto exchange enlisted Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer (C2C) trading platform. This will allow users to buy or sell the cryptos with five supported fiat currencies, including the British pound, Chinese renminbi, Vietnamese dong, Russian rubles, and Thai Baht.
The stock market also observed a rise on Friday as another round of United States-China trade talks wrapped up, as per CNBC. Intel outperformed and the Dow Jones Industrial Average (DJIA) jumped 100 points, while S&P 500 and NASDAQ Composite also showed a 0.3 % rise.
Oil prices have also risen to their highest levels in 2019 today based on OPEC’s ongoing supply cuts and anticipation that Washington and Beijing may soon end their trade dispute. Brent crude futures hit $67.56, while U.S. West Texas Intermediate crude set a fresh 2019 high at $57.81, according to CNBC.
Today, the Gold prices were also up, the spot gold rising 0.48 percent at $1,329.40 per ounce and the Gold futures were up 0.36 percent at $1,332.60 per ounce.
Read more: Stanford Researchers Introduces Zether, Privacy Mechanism For Ethereum Smart Contract
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