Bitcoin Safely Above $6,700
Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 hours, according to CoinMarketCap.
After suffering a small/short decline yesterday, Bitcoin (BTC) rebounded today, trading above $6,700 throughout the day. The cryptocurrency is at $6,734 as of press time, up 0.9 percent on the day.
Bitcoin is also up 3.3 percent over the past 7 days, and up 5 percent up on the month. (even though there is the existence of) that, Bitcoin's control has dropped (a) little, down from 55.6 percent a week ago to 51.2 percent at press time, according to CoinMarketCap.
Crypto markets are holding their gains firmly, with total market cap (a) little up over the past 24 hours, now at $227 billion. Following a significant sell-off that started on September 5, the market has only (not very long ago) climbed back above the $220 billion point.
Total market capitalization chart. Source: CoinMarketCap
The sixth largest coin by market cap Excellent (XLM) is seeing the most gains among the top 20. Excellent's price has suddenly rushed/increased more than 20 percent in 24 hours to press time, now at $0.289. The altcoin experienced (large/relatively large) growth this week, up around 40 percent over the past 7 days, according to CoinMarketCap.
Cardano (ADA) is up 10.6 percent today, now trading at $0.09. The altcoin's weekly gains make up/be equal to more than 31 percent, according to CoinMarketCap.
CNBC's Ran Neuner has noted in a tweet that cryptocurrencies are gaining significant speed and power, pointing out that the daily trade amount/quantity of the whole market is approaching $14 billion, which is "the most volume we have seen in a while."