$185 Billion: Crypto Market Storms to 2019 High as Trump Demands ‘Rocketship’ US Fed Policy

2019-4-8 15:51

A total of $38. 06 billion have entered the emerging cryptocurrency economy in the past week. The cryptocurrency market cap, which combines the worth of all crypto assets in circulation, shot up towards circa $185.

62 billion this Monday, up 28. 58-percent from its weekly low. The surge began when dominant crypto asset bitcoin settled for a volatile upside action on April 2. The asset’s 23-percent rise provoked a similar bullish sentiment across the board. One day after the bitcoin rally, Bitcoin Cash, the seventh largest cryptocurrency, rose as much as 100-percent in a week. At the same time, Litecoin closed above its

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Newsflash: Sunday Crypto Bloodbath Sees $11 Billion Wipeout Within Minutes

On February 24, following an impressive short-term rally from February 21 to 23, the valuation of the crypto market plunged by $11 billion from $141 billion to $130 billion. Several analysts have suggested that the inability of Bitcoin to break out of the $4,200 mark, a crucial resistance level for the dominant cryptocurrency, led most crypto assets to retrace.

2019-2-24 18:25