Hey ninjas, how’s the trading going? On the day, the crypto market took a bullish turn as the largest cryptocurrency Bitcoin appreciated to the highest it’s been in 2 months. In the last 24 hours BTC is up 8% and is trading at $8,731, bitcoin began the day trading around $8,160 before surging to trade at $8.7K. At press time Bitcoins market cap value is over $158 billion, $11 billion higher than the value reported yesterday.
As the largest cryptocurrency Bitcoin gained momentum in the last 24 hours, top altcoins reacted similarly. The largest altcoin Ethereum is reporting over 14.14% gains in the last 24 hours and is trading at $164.
In recent months Ether has struggled to trade above $150 but achieved it in a single day, ETH initially began the day trading around $145 before later surging to trade above $160. At press time, ethers market cap value is over $17 billion, $2 billion more than the value recorded yesterday.
The second largest altcoin XRP also followed the upward trend of cryptocurrencies today and appreciated over 11% in the last 24 hours.
At press time XRP is trading at $0.23 and its market cap value is over $10 billion, $1 billion more than its value yesterday. The total market capitalization of all cryptocurrencies at press time is $239,167,916,198.