Crypto Markets Keep Experiencing Mainly Green After Last Week’s Market Corrections
It’s mainly green in the crypto market today, as most coins show growth after a period of slight market corrections.
Thursday, May 3: after a week of some small dips and small growth, the crypto market is firmly back in the green, with Bitcoin (BTC) and Ethereum (ETH) back over the psychological price points of $9,000 and $700 respectively today, May 3.
BTC is currently trading around $9,336, up around 1.5 percent over a 24 hour period by press time.
ETH is up around 9 percent over a 24 hour period by press time, trading around $742. ETH’s jump back over $700 comes despite the news that the US regulators will debate next week over whether or not Ether should be classified as a security - one Ethereum co-founder says no, but US regulators could say yes.
Of the top ten coins listed on CoinMarketCap, EOS is down the most, about three percent over a 24 hour period, trading at around $18.19 by press time. Despite today’s dip, EOS is up more than 200 percent since the beginning of April, having peaked on April 29 at around $22.
Total market cap is well above $400 bln, around $444 bln by press time.