On Monday, the encrypted market started quickly.
A sudden surge led the global capital cap to rise more than 4%, from $ 104.4 billion to $ 108.9 billion, according to CoinMarketCap at the time of publication.
EOS is the largest gainer, with an increase of over 11%. Here is a look at the first 15 coins by market capitalization.
The surprise peak has caught many off guard, including the cryptic analyst of eToro Mati Greenspan.
According to the senior analyst, a correlation with a & rsquo; USD volume surge could indicate that new money is entering the market.
Cryptocompare shows an increase in USD volumes at the time of the peak. Very similar to what we have seen in previous waves. It could mean that new money comes. pic.twitter.com/FJW3WBbGhd
– Mati Greenspan (@MatiGreenspan) December 17, 2018
Until this morning, cryptography markets had traded sideways since Friday, reaching a minimum of $ 100.4 billion in Saturday's total market capitalization.
Join us on Telegram
Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Check out the latest news