Rebound on the crypto market - it goes up!

in #cryptocurrency6 years ago

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The color of the market is currently almost completely green. After a test of the low for the month, the Bitcoin price was finally able to write positive numbers again. In the top 20 we have a surprising performer in the 24-hour comparison.

It was a little suspected in the Altcoin market analysis : prices are rising again. Thus, in the last 24 hours almost all crypto currencies in the top 20 recorded a positive increase.

Although the price increases are currently almost all "only" in the single digits. Nevertheless, we are in a rebound.

The largest cryptocurrency (Bitcoin) by market capitalization recently reached its monthly low. Thus, the Bitcoin price fell on 29 May to 6,110.39 euros. Since then it is uphill. With a 24-hour increase of 1.73 percent, the price is currently at 6,474 euros. In the 7-day retrospective, it is currently a minus of almost 4 percent, in the monthly review Bitcoin is still 15 percent lower than a month ago.

The same applies to the Ethereum course. Here, too, the monthly low of 440 euros per ether was reached on 29 May. But also with ether it goes uphill since then. With a slight upswing of 1.93 percent in the daily review, the weekly loss also fell to just under eight percent. The monthly minus is here at just under 11 percent.

Even at the Bankencoin Ripple (XRP), everything is currently in the green. With a price of € 0.53 per XRP, the price has risen by 3.4 percent within the last 24 hours. Within a week, the loss at the ripple rate is thus 0.1 percent, in the monthly review, this is a minus of 23 percent.

Surprising winner: Bytecoin

Winner of the last 24 hours is among the top 20 Bytecoin currently. The price rose by 13.26 percent to EUR 0.0057 within one day.

A close neck and neck race for second and third place comes from IOTA and Cardano. While IOTA rose 7.29% to 1.40 euros in the last 24 hours, Cardano's ADA bravely holds third place with 7.87% in a 24-hour comparison.

Currently, the crypto-ecosystem has a total market capitalization of 285.6 billion euros. The 24-hour trading volume currently stands at 14.4 billion euros. With a total market capitalization of 110.8 billion euros, Bitcoin still holds the dominance with 39 percent.

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