Bitcoin exceeds $ 7,000 as Crypto Market gathers in the green

Tuesday, August 28: cryptography markets are experiencing a strong positive impulse that reinforces a persuasive recovery, as the Bitcoin (BTC) exceeds the price of $ 7,000 and all but 3 altcoin in the top 100 cryptocurrencies post strong gains over the course of the day. The growth in the top ten main businesses varies between approximately 4.5% and 20%, as shown in the Coin360 data.

  Market Display by Coin360

Market Display by Coin360

Bitcoin (BTC) is trading at around $ 7.016 at the time of printing, up by about 4.2% on the day, according to Bitcoin price index of Cointelegraph. [19659005] The first currency has seen several days of recovery from its short price to August 22 in the wake of the anti-cryptic measures strengthened in China and a new series of disapproval orders for several securities traded on the Bitcoin exchange (ETF) by US Securities and Exchange Commission (SEC).

  Bitcoin 7-day price chart "src =" https://s3.cointelegraph.com/storage/uploads/view/dd6b24b12e7c7618c0c44cba0a9dcd68.png "title =" Bitcoin 7-day price chart "/> [19659006] Bitcoin 7-day price chart Source: Cointelegraph Bitcoin Price Index </em></p>
<p>  Bitcoin earned 4.1% in the week, with monthly gains of around 9.1% </p>
<p>  Ethereum (ETH) trading around $ 289 at the time of printing, up 3.4% on the day. </p>
<p dir= While, the currency has not yet recovered the price of $ 300 – which held on August 20 – today, August 28, saw the first persuasive wave of price performance after a jagged and uncertain gap of weeks between $ 270-280. Ethereum is now up 3.4 percent on the week, in the month, losses are only slightly down and remain at 37.8 percent .

  Ethereum's 7-day price chart

The price table of 7 days of Ethereum Source: Ethereum Cointelegraph price index

Among the top ten coins by market capitalization, Cardano (ADA) has earned over 9% trading at $ 0.10 at the time of printing, with Litecoin (LTC) up 7.64% and Ripple (XRP) up 7.3% to trade at $ 61.88 and $ 0.35 respectively.

The strongest of the top ten performers is IOTA (MIOTA), with a staggering 19.4% on the day and the two-day rapid growth limit to trade around $ 0.71 at the time of the press.

  IOTA 7-day price chart

IOTA's 7-day chart. Source: CoinMarketCap

The growth of the IOTA has skyrocketed since the announcement on August 27 that the Japanese ICT conglomerate Fujitsu is launching a proof-of-concept (PoC) based on IOTA for the audit processes trail in the manufacturing industry.

Among the top twenty coins on CoinMarketCap, TRON (TRX) rose 14.5% on the day to trade around $ 0.03, NEO rose 15.77% to $ 21.18 and DASH, to 13th place, exceeded all the top 100 encrypted of the day increasing by 27% to $ 186.54.

 Dash 7-day price chart [19659020] Dash 7-day price chart Source: CoinMarketCap

The total market capitalization of all cryptocurrencies is about 230.55 billion of dollars at the time of the press, about $ 15 billion from the start of trading Monday 27

  7 days chart of the total market capitalization of all cryptocurrencies

7-day chart of total market capitalization of all CoinMarketCap cryptocurrencies

While the market for critical rally points, and Bitcoin recovers more than $ 7,000, new data from the US Commodity Futures Trading Commission (CFTC) show that bearish positions for non-commercial Bitcoin contracts (BTC ) fu

As shown by the total negative of the COTC COTC report, the market is still clearly net, but the new figure of -1266 indicates a strong inversion of you ndenza -1926 recorded at the beginning of this summer.

Blockchain, meanwhile, recalled this week the attention of two of the "Big Four" global audit firms, Deloitte and PwC, both whose new reports have revealed high percentages of business leaders convinced by technology [19659008] In the banking sector, JP Morgan CIO Lori Beer declared this week that the blockchain "will replace the existing technology" within a few years, and today the German joint-stock company Deutsche Boerse (DB) has promoted its partnership with blockchain- liquidity provider based on HQLAx making an investment of one million euros to become a minority shareholder.

To do this, the South Korean government has just announced its state-sponsored blockchain hackathon to encourage the entry of technology into the public and private sectors.

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