I know you’re all tired of hearing the name China, but the price fluctuations in Bitcoin and altcoins, which became complicated after the news from China, seem to have ended with all the top 100 cryptocurrencies turning green as of now.
After yesterday’s record of all-time high in 24-hour trading volume, faces started to smile again in the crypto money industry. Transaction volumes, which reached a serious figure of 11.5 billion dollars in 24-hour trading volume yesterday, made all the tables turn green today.. The record of the day belongs to OkCash with an increase of 65% for now.. OkCash, trading at $0.65, has reached a market cap of $48 million.
Bitcoin has regained its small overnight decline with an increase of over 10%. While hovering above the $3,500 level, it retained its total market cap at $58 billion.. It is seen that the daily trading volume has decreased from $ 4.2 billion to $ 2.9 billion compared to yesterday. classic is only $40-50 million close to the $1 billion band.
Ethereum still maintains the exchange rate it caught yesterday, and Bitcoin, the third coin with the highest market value, is above $ 240. Cash is trading at the level of 425 dollars.
Confidence is undoubtedly one of the most important factors determining where the exchange rates of cryptocurrencies will be.. While the disposal of cryptocurrencies by some investors, who were worried by the news from China, caused a decline in the sector that started with Bitcoin, the sense of confidence that has been renewed for 2 days also causes the rise of the sector that started with Bitcoin.
Sinan Dundogan
Kripto Para Haber / Founder
Disclaimer: The information in the article is for informational purposes only.. It does not constitute any investment advice.. The author and hostagons.com/ are not responsible for your profit or loss arising from the investments you make.. Investment ultimately relies on many foundations such as knowledge, experience, research and personal decisions.