Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300

Published on by Cointele | Published on

Bitcoin is trading at around $7,374 at press time, up over 1 percent on the day as it continues boost its newly won gains, according to Cointelegraph's Bitcoin Price Index.

The top coin is trading an impressive $550 higher than its low on its weekly chart, with its 7-day rolling gains at almost 7 percent.

On the month, Bitcoin is up a fraction of a percent.

Ethereum is trading around $288 at press time, seeing seeing virtually no value percentage change on the day.

Following upon an intra-week high of about $298, Ethereum has failed to sustain upwards momentum, remaining range bound around $290. On its weekly chart, Ethereum is more or less even at a fractional 0.1 percent gain, with monthly losses remaining around 31 percent.

The top ten coins listed on CoinMarketCap are mostly seeing modest gains of within a 1-2 percent range.

A notable exception is Litecoin, up around 5.7 percent on the day to trade around $69. Litecoin saw a strong push upwards at the start of September, followed by a couple of days trading sideways before today's second flush of strong green.

Another strong top ten performer is Monero, up almost 5 percent to trade around $139 at press time.

Among the top twenty coins, gains are stronger on average: NEM and Vechain are both up almost 8 percent on the day, with IOTA, Zcash and Dash seeing 3-4 percent growth on their 24-hour charts.

Total market capitalization of all cryptocurrencies is around $240 billion at press time, up almost $12 billion on its weekly chart.

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