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RE: The Two Stars of the Day

in #eos6 years ago

Asian exchanges have been dominating EOS trade over the past 24 hours with OKEx leading with around 18%, Bithumb and Huobi are second and third with around 14% of the volume each. EOS trade volume has steadily climbed from $970 million to over $3 billion indicating extremely bullish momentum. Market cap has therefore shot up to over $13 billion in the past day as $2 billion extra has been added and EOS comfortably leads the crypto recovery.

For the fourth day in a row crypto markets have climbed and total capitalization currently stands at $344 billion, up 3.3% on the day. The seven day chart has entered bullish territory but the longer term monthly view is still bearish.  Most of the other altcoins are trading higher today as $10 billion has been injected into the markets over the past 24 hours. Those enjoying solid growth during Asian trade this morning include Bitcoin Cash up 8%, VeChain up 9%, OmiseGO up 7%, Ontology 10% higher today, and Zilliqa up 11%.

If you want, you can see it from here: https://bit.ly/2kL744A

Weekends are usually pretty flat in crypto land but this one has been rather bullish with gains all round. Market capitalization has grown for the third day in a row and is creeping back towards $350 billion. Technical indicators for Bitcoin are bullish and it has gained 1.6% on the day trading at $7,630. Ethereum has also made solid gains of 2.5% over the past 24 hours and is just below $600. Altcoins have been boosted by the momentum and most are trading in the green in Asia this Sunday morning. One streaking off ahead of the pack at the moment is EOS.

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