As Bitcoin reclaims $30,000, the crypto market goes green.
How far will the bulls go?
Following a period of bearishness that engulfed the whole digital asset market, things are now starting to turn around, with some digital assets gaining more than others.
According to statistics obtained from CoinMarketCap on May 23, the flagship digital asset Bitcoin (BTC) now trades at $30,437, up 1.56 percent in the last 24 hours and 2.45 percent over the previous seven days. Ethereum (ETH), its closest competitor in terms of market value, has also seen gains, climbing 2.39 percent on the day and 2.39 percent for the week.
The whole crypto market capitalization is also rising, now standing at $1.303 trillion, up 1.48 percent in the last 24 hours and 2.92 percent more than the previous week’s $1.266 trillion.
Neo (NEO), eCash (XEC), and Fantom (FNT) are the top three gainers among the top 100 cryptocurrencies by market capitalization (FTM). Neo, the top among them, increased by 18.80 percent in just 24 hours, bringing its seven-day gain to a remarkable 21.56 percent. At the time of publication, Neo was priced at $12.44.
Neo is an open-source network that recently released Neo 3, which it describes as “the most feature-complete blockchain platform.” Its runner-up XEC achieved slightly lower advances yet nevertheless nothing short of impressive — growing 15.12% on the day and 19.94% across the week, leading up to the current price of $0.00005327.
Finally, Fantom traded at $0.5016 at the time of publication, up 14.74 percent on the day but up 43.79 percent on the week.
#crypto #bitcoin #ethereum #trading #anypad #blockchain
As written by Niranjan Duguta
Anypad is a next-generation blockchain Incubator and accelerator platform building a Multi-chain LaunchPad, Multi-chain AMM DEX, and Blockchain Game, Star Strike. Anypad would give crypto & blockchain startups & investors the best experience as the industry gains full-scale global adoption. Anypad is dedicated to incubating and accelerating the best and most innovative micro-cap blockchain projects, allowing blockchain startups to grow and raise funds seamlessly.