Market Analysis Report 25 September 2017

Market Update

Despite the recent attacks on Bitcoin's credibility by Jamie Dimon, JP Morgan's CEO, the cryptocurrency has been able to remain fairly stable at the 3600-3700 levels over the weekend. Currently, Bitcoin is sitting at $3,779 after a 2.95% increase in the last 24h. With over $196.27 M exchanged in the last day, the USD/BTC pair 27.85% of the total trading volume, while the JPY leads at a 51.64% rate.

Over the weekend, Ether recovered from the $260 range to $290. Currently sitting at $289, Ether is up 2.85% in the last 24h with the KRW leading trading volume at 43%. The USD/ETH pair currently represents 26.7% of the global trading volume, with roughly $92M exchanged in the last day.