MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Total Market Cap Holds above $300 Billion: Major Crypto Assets Sees Growth

Total Market Cap Holds above $300 Billion: Major Crypto Assets Sees Growth

A good number of green is presently seen by the crypto market. At the present time, most of the major crypto assets have a super growth in the past 24 hour period according to Coin360. Currently, the cryptocurrency market has been consolidating its gains with an $8,000 price point by Bitcoin (BTC).  All of this was confirmed after last week’s major market rally. The market has confidence over altcoins and most of the top coins are seeing growth between 1 and 7 percent on press day says CoinMarketCap.

Bitcoin (BTC) is now trading about 48,230 to press time; it is now increasing 1 percent per day. Keep in mind that the largest cryptocurrency peaked at just below $8,300 a day ago. For now, the Bitcoin’s monthly and weekly gains are at 33.33 percent and 11.9 percent respectively. This news was presented by Cointelegraph’s price index. Blockchain Capital partner Spencer Bogart compared Bitcoin’s price to tinderbox and says the asset is waiting for reasons to go high.

BTC dominance in the market capitalization is currently as 46.9 percent reported by CoinMarketCap. This is a bit less when you compare it with future progress. But posted earlier this week it still it is slightly above the 2018 record. Let us see what happens in the future

 

YOU MAY ALSO LIKE

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...

RECOMMENDED