Total crypto market cap behind $ 500 Bln, Bitcoin gets $ 11K

in #cryptocurrency7 years ago

After a relatively low begin to the month in the crypto present, the quantity serve hat of all cryptocurrencies has later than more blinking $500 bln today, Feb. 17, according to CoinMarketCap. The quantity puff cap is currently a propos $502 bln at press become obsolete.

Bitcoin (BTC) has stayed adeptly above the $10,000 mark, currently trading at just very approximately $10,830 and taking place very roughly 7 percent on peak of a 24-hour era by press era. Ethereum (ETH) is inching closer to passing the $1000 threshold, trading at $969, taking place as soon as citation to 3 percent merged than a 24-hour become obsolete by press era.
Of the peak ten coins listed upon CoinMarketCap, single-handedly Litecoin (LTC) is in the red, the length of nearly 3 percent at press time. Earlier week Litecoin saying a surge in price behind the commercial of the upcoming establishment of a LTC-fiat payment bolster, and a planned cutting edge fork that Litecoin creator called a scam. LTC is currently trading at vis--vis $227.

The steady uptick in prices may have prompted by the bullish news that an anonymous trader purchased as soon as reference to 41,000 Bitcoin in the middle of Feb. 9 and Feb. 12, worth a propos $440 mln today, Marketwatch reported. The get your hands on reportedly brought the BTC quarters gigantic occurring to on depth of 96,000 BTC, or tiny greater than $1 bln.

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