Crypto markets surge to nine month high; bitcoin, XRP, BCH, EOS and IOTA commanding things.
The ice has melted. Crypto winter is now over as markets surge an epic 13 percent on the day to hit a new high not seen since September last year. has led the pack once again but some of the are getting double digit gains today. Total market capitalization has pumped close to $240 billion, doubling since mid-February.
breezed past $8,000 a few hours ago to record a high of $8,050, its highest price for almost nine months. The monumental daily pump is the second time in less than a week that has surged by a thousand dollars. The that everybody has expected has not arrived yet and momentum is still extremely bullish for the king of crypto.
has finally broke and remained over $200 as it too grabs the coat tails of and rises 10 percent. ETH was just below $210 at the time of writing and is likely to go higher according to the . ETH has not had a sustained run above $200 since early November and the FOMO is getting shared around today.
The top ten is on fire at the moment. XRP has shot off like a rocket with over 20 percent added in its largest single move since December last year. Currently at $0.387, XRP volume has pumped to over $3 billion. Cash is getting a double digit gain of 11 percent as it knocks on the door of $400 and is over $6 again with 12 percent added on the day. Even the lack luster and are pumping ten percent today as the awaken.
The party has continued into the top twenty during Asian with getting the biggest gain of 13 percent to reach $0.353. Double digits are also cranking prices up for , Dash, Classic, NEO and Ontology.
FOMO: Ripple Army Marches
XRP its today’s top performing crypto asset. has run a piece on the expansion of the XRP and the company has been relentless in securing new banking partners. Holo is the second best performing in the top one hundred at the moment as it surges over 15 percent. There are too many other in double digits to mention here at the moment.
Not all of them have been invited to the party though. Maximine Coin is dumping again with MXM at the bottom of the pile dropping 8 percent. KuCoin Shares is the other big loser today with a 6 percent slide.
Total market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization has surged by a monumental $27 billion over the past 24 hours. At $238 billion things have not been this high since early September, nine months ago. Back then the trend was downwards, but over the past three months things this time have been on the up. Daily volume is approaching a record high of $95 billion as fomo grips crypto land once again.
Market Wrap is a section that takes a daily look at the top during the current session and analyses the best-performing ones, looking for trends and possible fundamentals.
Published at Tue, 14 May 2019 07:14:03 +0000
