Bitcoin's Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board

Published on by Cointele | Published on

The crypto markets experienced an explosion of growth today, April 12, with Bitcoin jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green.

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BTC is currently trading at around $7,817, up around 14 percent over a 24 hour period.

Ethereum also experienced a notable price spike, jumping to around $465 by press time - after a month of hovering around the $400 mark - and is up by more than 12 percent over a 24 hour period.

Total market cap also hit above $300 bln for the first time this month, dropping slightly down again to $297 bln by press time.

Of the top ten coins listed on CoinMarketCap, EOS is still up the most, more than 30 percent over a 24 hour period, and trading at around $8.90 by press time.

EOS's price spike could be attributed to EOSIS's April 9 pre-release of the Dawn 3.0 Blockchain platform.

Some of the other top ten altcoins have seen high percent growth as well, with 9 of the 10 showing more than 10 percent growth over a 24 hour period.

Cardano is up around 22 percent over a 24 hour period, trading for around $0.18; IOTA is up 14 percent, trading for around $1.18; and NEO is up almost 13 percent, trading for around $60..

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