In today’s crypto news, we are seeing the top 20 cryptocurrencies in the green, led by Bitcoin and its rise of more than 7% which now puts the BTC price closer to the $4,000 margin, trading at $3,943 right now.
Some coins have even registered double-digit increases over the past 24 hours. For example Ethereum (ETH), Bitcoin Cash (BCH), EOS (EOS) and Litecoin (LTC) were among the top 10 altcoins that saw a double-digit increase on the day, surging by more than 16%, 13%, 14% and 12% respectively.
On a weekly chart, Bitcoin is now closer to the highest price point of $4,268 this month. According to reports by Wall Street Journal, Bitcoin’s correlation with traditional assets markets has been high in recent days.
As we can see, one of the biggest winners here was Ethereum, rising over 16% on the day and trading around $138 at press time. What started as a gradual increase from $119 has put ETH to the current price point which is still far away from the highest price of $156 that the altcoin has recorded this month.
Right now, the total market capitalization is $132 billion, rising from $122 billion. The total market cap high this month was around $146 billion on December 24th.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post