Wednesday, July 18: crypto markets are continuing to climb fast, with 98 out of the 100 top cryptocurrencies by market cap in the green over the past 24 hours, according to data from .
Market visualization from
(BTC) has grown by $1,000 in just a couple of days, inching firmly to the $7,500 point after having reached an intraday high of $7,542. The top cryptocurrency is trading at around $7,429 at press time, up about 10 percent over a 24 hour period and having gained around 15 percent over the past month, reaching monthly highs.
bitcoin price chart. Source: Cointelegraph
(ETH) is still hovering around $500, trading currently at around $492. The top is up almost 4.5 percent over the past 24 hours, with an intraday high of $526.
Ethereum price chart. Source: Cointelegraph
Total market cap has broken $296 billion for the first time since , when bitcoin was below $7,000. The markets have gained over $40 billion over the past 7 days, with total market cap at around $295 billion by press time.
Total market capitalization chart. Source:
(XLM) and (ADA) have seen some of the biggest gains over the past 24 hours, up around 30 and 21 percent respectively. XLM is trading at $0.30 at press time, up around 59 percent over the past week.
Earlier today, Cointelegraph that Stellar has become the first blockchain protocol to acquire a in the money transfer and asset tokenization field.
Cardano is trading at around $0.18, up about 41.5 percent over the past seven days.
Last week, one of the most popular U.S. crypto exchanges that it is exploring addition of a number of new altcoins, including Stellar and Cardano.
Earlier today, billionaire investor and Avenue Capital Group co-founder Marc Lasry, that bitcoin could reach as high as $40,000 due to the coin becoming more “mainstream.” Lasry suggested that bitcoin investors will be “making 5 to 10 times their money in 3 to 5 years.”
Published at Wed, 18 Jul 2018 15:55:00 +0000
