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24 hours of trade for the crypto market were positive again and solid gains were found across the board. This brought the value of the entire market to grow by 2.3% in the period up to US $ 216.4 billion according to Coin Market Cap.
The market seems not to have been influenced by the rejection of several cryptocurrency ETFs from the US Securities and Exchange Commission this week. This could indicate that there were less speculative money in the betting market on an 'ETF approval this time.
Here is the status of the work on Saturday morning:
The Bitcoin (BTC) the price has increased by 3% in the last 24 hours to $ 6,699.13 USD per currency. This led to the market capitalization of the giant crypt at 115.4 billion dollars.
The price of Ethereum (ETH) rose 2.3% from yesterday to 282.81 US dollars per token, bringing the market capitalization of ETH to little more than the United States $ 28.7 billion.
The price of Ripple (XRP) increased by 0.8% over the period to 32.76 US cents, giving the alt currency an improved market capitalization of $ 12.9 billion.
The The price of Bitcoin Cash (BCH) rose by 1.4% in the last 24 hours to $ 535.58, increasing the market capitalization of Bitcoin to almost US $ 9 , 3 billion.
The EOS (EOS) price has had a strong success once again and rose 3.8% from yesterday to $ 5.06. This gave EOS a market capitalization of just under US $ 4.6 billion and means that the EOS price increased by 10% in the two-day space.
The strong form was also seen out of the top five with Stellar (XLM) up 4.3% to 22.44 US cents, Litecoin (LTC) in increase of 1.7% to $ 57.95, Cardano (ADA) up by 1.8% to 9.4 US cents and Monero (XMR) jump 4% to US $ 93.42.
The only currency in the top ten that failed to rise higher in the period was Tether (USDT), which slightly lower. But because Tether is anchored to the US dollar, it moves with the ebb and flow of the greenback and not the rest of the cryptographic market.
Merchants will no doubt be optimistic that the continuous race continues over the weekend and next week, but only time will tell if this will happen.
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all have the same opinions, but we are all convinced that, considering a diversified range of insights, we have become better investors. Motley Fool has a disclosure policy. This article contains only general investment advice (with AFSL 400691). Authorized by Scott Phillips.
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