Market Rebounds: Ethereum Soars 18% Back over $200, Bitcoin Regains $6,500 Mark

Several top 20 cryptocurrencies are seeing double digit gains, with Ethereum leading the pack, up over 18 percent on the day, as data from Coin360 shows.

Ethereum has skyrocketed almost 20 percent on the day to trade at $207 at press time.

Ethereum nonetheless remains down around 9 percent on its weekly chat, and over 35 percent down on the month.

Bitcoin is trading just above $6,500 as of press time, up a solid 3.17 percent over the 24 hour period.

On the week, Bitcoin remains down by just over 3 percent, with monthly gains at 2.76 percent.

Ranked 9th by market cap, altcoin Monero is up about 11 percent to trade at $112.84 at press time, spiking as high as $116 earlier today.

Dogecoin has seen the mildest growth of the top twenty coins, up 2.65 percent to trade at $0.0065 by press time.

As alts spearhead the market recovery, Bitcoin dominance - or the share of total market capitalization that is Bitcoin's - is slightly down from yesterday's multi-month highs at close to 58 percent.

As of press time, BTC dominance is at 55.9 percent, according to CoinMarketCap.

Total market capitalization is up a bullish 6 percent, or almost $12 billion, on the day at $201 billion by press time.