Crypto Markets Are Seeing Continuing Growth

Crypto Markets Are Seeing Continuing Growth

Top cryptocurrencies goes up, and market capitalization has jumped above 220 billion USD


On September 28, 2018, crypto markets are still showing a growth. After a sell-off that took place from September 24, crypto markets are now showing a rebound, with daily trade volume about 16 billion USD.

Almost all from top 20 cryptocurrencies by market capitalization have shown firm growth last days.

Bitcoin (BTC) is trading at 6,645 USD at press time. The top cryptocurrency has overtaken two support levels within the previous day, seeing a sharp increase from an intraday average trading price of $6,500 to above $6,700. With that, Bitcoin is still down over 3 percent over the past 30 days.

Ethereum (ETH) is trading at 224 USD at press time. According to Cointelegraph Ethereum Price Index, this coin is up over 2 percent on the week. The third top cryptocurrency, Ripple (XRP), is trading at 0.53 USD at press time. This coin is up almost 60 percent over the past month.

Total market capitalization is seeing to exceed 220 billion USD. While total market capitalization continues to grow, Bitcoin’s dominance in the markets has fallen a little, demonstrating a decrease from over 53 percent of market share a week ago to 51.8 today.

Source: https://cointelegraph.com/news/crypto-markets-continue-rise-with-market-cap-reaching-over-220-billion

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