"Total Crypto Market Cap Jumps $12 Billion in an Hour as BitMEX Pauses Trading"

Crypto markets spiked today, August 21, seeing notable gains amongst the top 100 coins in under an hour, as data from Coin360 shows.

Total market capitalization of all cryptocurrencies shot up over $12 billion in just over an hour to peak at $222.8 billion, before dropping slightly to $291.7 billion by press time.

Bitcoin (BTC) had been trading sideways today around $6,400-$6,500 before seeing a sharp 5 percent spike in the space of just 45 minutes, peaking around $6,790. The leading cryptocurrency has since dropped slightly to trade around $6,715 at press time, stil up about 6.2 percent on the day. Bitcoin is also boasting almost 6 percent growth on the week, while on the month the coin is down almost 10 percent, according to Cointelegraph’s Bitcoin Price Index.

All except one of the top ten cryptocurrencies have seen major growth during today’s spike, each gaining 4 to 9 percent on the day to press time.

Amongst the top ten coins, EOS (EOS) has seen the most growth over the 24-hour period, up 8.7 percent and trading at $5.19.

In the top twenty coins, altcoin VeChain (VET) has seen the most significant growth on the day, up a whopping 18.67 percent to trade at $0.015.

https://cointelegraph.com/news/total-crypto-market-cap-jumps-12-million-in-an-hour-as-bitmex-pauses-trading (links on some BTC news as of today).....