Cryptocurrencies have throughout the day experienced continuous positive spikes, with Bitcoin (BTC) surpassing the $3,900 mark followed by an unrelenting group comprising Ethereum (ETH), Ripple (XRP), Litecoin (LTC) among others.
At the time of writing, the crypto market’s definite overlord, Bitcoin, was trading at nearly a 3-month high of $3,912.15, an 8% increase in value over the 24h period.
This sudden surge is an invitation for crypto investors to indulge in Bitcoin trading. Bitcoin seems to be snapping out of its stagnant state by first spiking to cross $3,700 on Feb.08 and leaping over the $3,900 barrier today.
This can only mean good news for the crypto community who recently forecasted Bitcoin to finish February in the green zone of it’s market graph.
BCH and BSV too registered gains of 19% and 12% and were trading at $145 and $69 respectively at press time, continuing their climb.
Ethereum too recorded a double-digit gain, trading at $146, up 15% over the 24h trading period. The second largest crypto has also seemingly stabilized in the mid $140 region, starting the day around the $130 mark.
This is another strong bullish run by Ethereum, which has now twice recorded double-figure growth in the past fortnight.
The biggest gainer in the top-20 cryptocurreny list is clearly EOS, trading at $3.51, up by 24.23% since the start of the day, nearly a quarter of value over the 24h trade period.
Among others, Litecoin continues to creep near the $50 mark, currently at $48, Dash stands at $87 while Ripple (XRP) too gained 8.7% to be trading $0.327 at press time.
The combined crypto market cap is also up from 121 billion at the start of the day to $132 billion, an 8.64% change since the turn of the day, with 24h crypto trade volume standing at $31 billion, a 50% increase with most crypto registering green climbs.