{"id":367458,"date":"2019-01-07T09:00:58","date_gmt":"2019-01-07T09:00:58","guid":{"rendered":"https:\/\/wncen.com\/?p=367458"},"modified":"2019-01-07T07:12:39","modified_gmt":"2019-01-07T07:12:39","slug":"crypto-market-update-7-billion-pump-holding-for-now","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-update-7-billion-pump-holding-for-now\/","title":{"rendered":"Crypto Market Update: $7 Billion Pump Holding For Now"},"content":{"rendered":"
Another crypto market rally has greeted us this Monday morning as $7 billion flowed back into digital currencies over the past 24 hours. The bounce has taken total market capitalization over $135 billion and the two week trend is still a positive one.<\/p>\n
Bitcoin had another one of its vertical spikes a few hours ago as the big green candle broke through resistance and topped $4,000. The good news is that BTC has held on to its gains this time and is currently trading at around $4,070, up 6% on the day.<\/p>\n
Ethereum has not made much this time around, adding a meager 2.5% on the day taking it back over $155. This has enabled XRP to close the gap with a 4% gain on the day to $0.370. The market cap difference between second and third is now $1.2 billion.<\/p>\n
The rest of the top ten is all green during the Asian trading session today. Streaking off ahead is Litecoin<\/a> adding 9% on the day and touching $40 for the first time in nearly two months. Stellar has made 6% but that was not enough for it to drop a place to LTC which is now sixth and not far behind EOS which has made 5%. The rest are up between 2 and 4 percent at the time of writing.<\/p>\n Big gains have been made by Neo and Cardano in the top twenty with 8 and 12 percent respectively. The three privacy coins Monero, Dash and Zcash are all making over 6% on the day and the rest are 2 to 4 percent higher, only a couple of stablecoins are showing red at the time of writing.<\/p>\n The fomo today is going to DEX again which has pumped and dumped by 90% in previous days. REPO is back up again with another 30% pump and Buggyra Coin has also made over 25% on the day. Getting hammered is MobileGo shedding 16%, the only coin in the top one hundred to drop double figures.<\/p>\n