Prices for the largest cryptocurrencies by market capitalization have risen during Wednesday's trading session.
According to information from crypto data site OnChainFX, the top ten currencies are all up over the past 24 hours.
EOS is up by the most notable degree, having climbed 18.27% in the past day, according to market data.
While it's not entirely clear what is driving the price increase, chatter around a related token airdrop has circulated in the past few days.
Other cryptocurrencies have seen more modest increases in the past day.
ETH and NEO are up 4.47% and 6.4%, respectively, while cardano has risen roughly 4.1% in the past day.
According to current market data, bitcoin has inched closer to the $7,000, trading at roughly $6,933.
That figure represents a roughly $100 increase from the day's open, though on Monday the cryptocurrency saw prices above $7,100 during that day's session.
As CoinDesk's Omkar Godbole wrote earlier on Wednesday, the second quarter of 2018 could bring some respite for bitcoin bulls, based on historical performance of the asset during this period in past years.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
EOS Leads Pack As Top 10 Cryptos See Price Upticks
Published on Apr 11, 2018
by Coindesk | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.