Bitcoin Cryptocurrency General News

Cryptocurrency market see fewer gains as only a few of the top coins see good gains

Crypto trading

On Monday, 27th August, while writing this article, the price of Bitcoin is up by only 0.84% and trading at $6,720. Bitcoin has managed to hold to its weekly price gain which had a peak price of $6,778 yesterday and earlier during the day Bitcoin had fallen to $6,587.

Ethereum(ETH), the second biggest cryptocurrency by market cap at press time is priced at $277 which is up by 1.25% after surging to around $282 yesterday.

The over market cap of all the cryptocurrencies of has surged somewhat to $217.24 billion from an intraday low of $212 billion over the last 24 hours.

Bitcoin(BTC) dominance over the entire cryptocurrency market is over 53% while writing this article and on August 11th, 2018 the dominance of Bitcoin(BTC) had reached over 50% for the first time in 2018.

IOTA has seen double-digit growth figures in the last 24 hours and at press time has gained by 15.91% and trades at $0.61

Tezos (XTZ) has seen huge weekly gains of a whopping 97% with a market cap of $809,157,399 and price of $1.33 while writing this article according to coinmarketcap.

On CNBC, yesterday Tom Lee said that Bitcoin could have an explosive growth and could reach $25,000 mark by the end of this year.

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