Saturday 1 September: cryptography markets are multiplying recent gains today, with 97 of the first 100 cryptocurrencies for market capitalization in green, as shown by Coin360 data.
Market display from Coin360
Bitcoin (BTC) continues to rise steadily above $ 7,000, seeing the gain of 2.52% in the last 24 hours, according to CoinMarketCap.The bitcoin is trading at around $ 7,216 at the time of printing, up 7.2% the week
The largest cryptocurrency for capitalization broke $ 7000 for the second time this week between the US Commodity Futures Trading Commission (CFTC) news that reported a decline in downward positions for future Bitcoin contracts non-commercial.
Ethereum 7-day price table Source: CoinMarketCap
The total market capitalization of all cryptocurrencies reached $ 238.4 billion points for the first time since August 8 and continues to grow, seeing a slight spike during the hours up to the time of the print.
Total market capitalization chart at 1 month. Source: CoinMarketCap
Among the top 25 cryptocurrencies, Dogecoin (DOGE) recorded the most notable growth, with an increase of 41 percent in the last 24 hours, according to CoinMarketCap. Altcoin Dogecoin has experienced significant growth since August 30, with an astonishing 135% in the last three days.
DOGE is currently ranked 21st on CoinMarketCap, trading at $ 0.0061 and with a market capitalization of $ 708 million.
For to explain the massive growth of DOGE this week, Twitter commentators point to an imminent infrastructural development for the project called Dogethereum, the demo for which it is scheduled to take place September. 5 . The protocol refers to an intelligent contract that will act as a so-called bridge that allows people to move Dogecoin to and from the Ethereum blockchain.
In the top ten currencies, Bitcoin Cash (BCH) and Litecoin (LTC) saw more growth, up respectively by 14.7 and 8%.
The wave of green between encrypted markets has increased when reports have emerged that the CBOE (Chicago Board Options Exchange) plans to launch Ethereum futures by the end of 2018.
this week, the Central Bank of India, the Reserve Bank of India (RBI), confirmed its plans to establish an inter-departmental group to assess the feasibility of issuing a digital currency of the central bank supported by the rupee.
At the start of this week on August 29, Cointelegraph announced that Yahoo Finance was displaying buying and selling options for several major cryptocurrencies on its website. The company has therefore confirmed to Cointelegraph that the new service will only be available on its iOS app and will allow users to exchange criptos including Bitcoin, Ethereum, Litecoin and Dogecoin on their preferred platforms through an integrated third-party service.