2018-7-18 00:16 |
As of press time, the world’s most valuable cryptocurrency by market capitalization was trading at $7,368.22, up more than $600 from the day’s open at $6,726.40.
Indeed, the market moved quickly, posting the gains over the course of 45 minutes.
CoinDesk’s Bitcoin Price Index (BPI) registered a market high of $7,408.28 amidst the sudden spike upward.
At press time, Bitcoin is the biggest gainer among the top 10 cryptocurrencies by market capitalization and is reporting a 16.19 percent week-to-week price increase, according to price tracking site CoinMarketCap.
Per CoinMarketCap, the total market capitalization for the cryptocurrency market hit roughly $287 billion in light of the market uptick.
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