The recovery in the crypto market has continued – and the leading cryptocurrency is somehow leading it. Bitcoin has just passed the $10k mark and rose in value against the US dollar (which has been falling lately). The Bitcoin price movements has been everywhere in the news, especially after news that Bitcoin’s technology is becoming accepted in some systems.
The rally made the Bitcoin market cap rise to above $475 billion which is an all-time high for 2018, especially after the sink happening over the past few weeks. The flagship cryptocurrency found it hard to break through the $10k barrier and is now trading at $10,150 with a market cap of $170 billion.
Ethereum’s price also joined Bitcoin in the rally – even though its advance does not keep pace with its older brother. Currently, Ethereum is trading at $945 which translates in around a 20% increase in market share.
In parallel, the altcoins achieved positive movements against the dollar. Ripple has posted around a 10% rally which stemmed from the fact that Western Union confirmed the rumors about the pilot testing and XRP integration in a new blockchain trial.
Bitcoin Cash and Stellar have stood still and only rose for about one half of one percent. Litecoin, extended its surge by 6% which made it come closer to $220 and a market cap of $12 billion.
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