July 26: crypto markets are seeing a healthy flush of green, with most of major crypto assets seeing solid growth over the 24-hour period, as data from Coin360 shows.
After leading last week's major market rally when Bitcoin broke the $8,000 psychological price point, the leading cryptocurrency has been consolidating its gains.
Altcoins are also holding market confidence, with most of the top ten coins by market cap seeing growth of between 1 and 7 percent on the day to press time, according to CoinMarketCap.
BTC dominance by market capitalization is at 46.9 percent according to CoinMarketCap, just under yesterday's level, but still slightly above the 2018 record-high posted earlier this week.
Ethereum has now brought its weekly and monthly price performance into solid positive territory, with gains of around 3 and 9 percent respectively.
Of the top ten coins, IOTA, the ninth largest cryptocurrency by market cap, has performed the strongest today, seeing over 7 percent growth to trade at $1.05 to press time.
Of the top 20 coins on CoinMarketCap, VeChain - ranked 17th by market cap - has skyrocketed almost 28 percent on the day, trading at around $2.51 to press time, and hitting as high as $2.66 earlier today.
Total market capitalization of all cryptocurrencies is around $302 billion at press time, after surging to as high as $303.7 billion earlier today.
24-hour high in the total market capitalization of all cryptocurrencies from CoinMarketCap.
Recently, attention has focused on the latter's potential approval of crypto-based exchange-traded funds, which some consider could be a "Holy grail" for the market.
Major Crypto Assets See Solid Growth, Total Market Cap Holds Above $300 Billion
Published on Jul 26, 2018
by Cointele | Published on Coinage
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