{"id":382332,"date":"2019-05-15T07:00:35","date_gmt":"2019-05-15T07:00:35","guid":{"rendered":"https:\/\/wncen.com\/?p=382332"},"modified":"2019-05-15T06:49:07","modified_gmt":"2019-05-15T06:49:07","slug":"crypto-market-wrap-altcoins-surge-double-digits-as-volume-hits-record-high","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-wrap-altcoins-surge-double-digits-as-volume-hits-record-high\/","title":{"rendered":"Crypto Market Wrap: Altcoins Surge Double Digits as Volume Hits Record High"},"content":{"rendered":"<h5><strong>Crypto markets surge to new ten month high; Ethereum, XRP, Stellar, Tezos and NEO leading the way.\u00a0<\/strong><\/h5>\n<h2><a href=\"https:\/\/wncen.com\/category\/fomo-moments\/\" data-wpel-link=\"internal\">Market Wrap<\/a><\/h2>\n<p>For the <a href=\"https:\/\/wncen.com\/2019\/05\/14\/crypto-markets-surge-27-billion-in-a-day-to-nine-month-high\/\">second day in a row<\/a> crypto markets have surged hitting a new 2019 high and a level not seen for ten months. Bitcoin has remained buoyed up and the altcoins are now revving up to boost total market capitalization up another $10 billion to $245 billion.<\/p>\n<p>Bitcoin took a dive back to $7,700 a few hours ago but traders in Asia have lifted the king of crypto <a href=\"https:\/\/wncen.com\/2019\/05\/14\/what-has-caused-bitcoin-to-go-parabolic-in-second-thousand-dollar-day-this-week\/\">back over $8,000<\/a> again. BTC is currently trading level on the day at $8,030 and holding steady for now. Further gains are looking unlikely, but <a href=\"https:\/\/wncen.com\/2019\/05\/09\/bitcoin-shrugs-off-the-news-but-faces-epic-resistance-at-6000\/\">we said that when it crossed $6,000<\/a>!<\/p>\n<p>Ethereum is heating up today as Bitcoin starts to show signs of possible cooling. Rock bottom priced ETH surged 11 percent from an intraday low of just over $200 to just below $230 where it currently trades. This is the highest level Ethereum has seen for seven months as its market cap pushes past $24 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$ETH<\/a> Daily Chart.<\/p>\n<p>Getting close to major resistance.  But it also forming an ascending triangle.  Expecting a retrace here soon but then to break out higher after.<a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#ETH<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#ethereum<\/a> <a href=\"https:\/\/t.co\/OCsugcazCZ\" rel=\"nofollow\">pic.twitter.com\/OCsugcazCZ<\/a><\/p>\n<p>&mdash; CryptoFibonacci (@CryptoFib) <a href=\"https:\/\/twitter.com\/CryptoFib\/status\/65160193?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 15, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The top ten is mostly in the green with several altcoins getting double digit FOMO for the first time in months. <a href=\"https:\/\/wncen.com\/2019\/05\/15\/ripple-xrp-price-significant-uptrend-can-test-0-50\/\">XRP has extended its run<\/a> with a further 13 percent on the day to pass $0.43 and Stellar is mirroring its performance as it has done in the past with a 9 percent pump for XLM to $0.12. Cardano is still going strong adding 8 percent as Bitcoin Cash starts to pull back dropping 3%.<\/p>\n<p>A solid wall of green has enveloped the top twenty during Asian trading. Tezos is having a moon shot with a 22 percent taking XTZ to $1.63. NEO is finally getting a massive 14 percent pump to reach $12 and Ontology is adding 12 percent on the day. Even Tron has woken up finally with a 10 percent gain bringing TRX back to $0.029.<\/p>\n<h2>FOMO: Project Pai Pumps<\/h2>\n<p>There is a lot of FOMO going around at the moment but PAI is getting the most of it with a 25 percent surge on the day. The AI based crypto token has been battered with the rest but is having a rare moment today. As mentioned Tezos is going well with 22 percent and Ravencoin is the third altcoin gaining over 20 percent today.<\/p>\n<p>Taking a hit at the moment is ABBC Coin as it dumps 13 percent today, closely followed by Factom dropping 8 percent. Yesterday\u2019s pump, Holo, is dumping today as expected.<\/p>\n<figure id=\"attachment_382333\" aria-describedby=\"caption-attachment-382333\" style=\"width: 1137px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-382333\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg?resize=1137%2C400\" alt=\"\" width=\"1137\" height=\"400\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg?w=1137 1137w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/totalcap1505.jpg?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-382333\" class=\"wp-caption-text\">Total market capitalization 24 hours. Coinmarketcap.com<\/figcaption><\/figure>\n<p>Total crypto market capitalization has surged by $15 billion in the past 10 hours or so. <a href=\"https:\/\/coinmarketcap.com\/charts\/\" rel=\"nofollow\">Daily volumes<\/a> are at record highs hitting $107 billion a couple of hours ago propelling market cap to $245 billion. A staggering 32 percent increase has been recorded for crypto markets since the same time last week equating to a cash injection of $60 billion.<\/p>\n<p><em>Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto markets surge to new ten month high; Ethereum, XRP, Stellar, Tezos and NEO leading the way.\u00a0 Market Wrap For the second day in a row crypto markets have surged hitting a new 2019 high and a level not seen for ten months. Bitcoin has remained buoyed up and the altcoins are now revving up to boost total market capitalization up another $10 billion to $245 billion. Bitcoin took a dive back to $7,700 a few hours ago but traders in Asia have lifted the king of crypto back over $8,000 again. BTC is currently trading level on the day at $8,030 and holding steady for now. Further gains are looking unlikely, but we said that when it crossed $6,000! Ethereum is heating up today as Bitcoin starts to show signs of possible cooling. Rock bottom priced ETH surged 11 percent from an intraday low of just over $200 to just below $230 where it currently trades. This is the highest level Ethereum has seen for seven months as its market cap pushes past $24 billion. $ETH Daily Chart. Getting close to major resistance. But it also forming an ascending triangle. Expecting a retrace here soon but then to break out higher after.#ETH #ethereum pic.twitter.com\/OCsugcazCZ &mdash; CryptoFibonacci (@CryptoFib) May 15, 2019 The top ten is mostly in the green with several altcoins getting double digit FOMO for the first time in months. XRP has extended its run with a further 13 percent on the day to pass $0.43 and Stellar is mirroring its performance as it has done in the past with a 9 percent pump for XLM to $0.12. Cardano is still going strong adding 8 percent as Bitcoin Cash starts to pull back dropping 3%. A solid wall of green has enveloped the top twenty during Asian trading. Tezos is having a moon shot with a 22 percent taking XTZ to $1.63. NEO is finally getting a massive 14 percent pump to reach $12 and Ontology is adding 12 percent on the day. Even Tron has woken up finally with a 10 percent gain bringing TRX back to $0.029. FOMO: Project Pai Pumps There is a lot of FOMO going around at the moment but PAI is getting the most of it with a 25 percent surge on the day. The AI based crypto token has been battered with the rest but is having a rare moment today. As mentioned Tezos is going well with 22 percent and Ravencoin is the third altcoin gaining over 20 percent today. Taking a hit at the moment is ABBC Coin as it dumps 13 percent today, closely followed by Factom dropping 8 percent. Yesterday\u2019s pump, Holo, is dumping today as expected. Total crypto market capitalization has surged by $15 billion in the past 10 hours or so. Daily volumes are at record highs hitting $107 billion a couple of hours ago propelling market cap to $245 billion. A staggering 32 percent increase has been recorded for crypto markets since the same time last week equating to a cash injection of $60 billion. Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.<\/p>\n","protected":false},"author":386,"featured_media":363645,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,12383],"tags":[1946,17181,22720,4531],"class_list":["post-382332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-market-wrap","tag-ethereum","tag-market-wrap","tag-volumes","tag-xrp"],"acf":[],"yoast_head":"\n<title>Crypto Market Wrap: Altcoins Surge Double Digits as Volume Hits Record High<\/title>\n<meta name=\"description\" content=\"Crypto markets surge to new ten month high; Ethereum, XRP, Stellar, Tezos and NEO leading the way.\u00a0 Market Wrap For the 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