Written by Molly Jane Zuckermanformer writerReviewed by Igor Belkinformer editorCrypto Markets Keep Experiencing Mainly Green After Last Week’s Market Corrections
Latest NewsPublishedMay 3, 2018
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.
IOTA is up the most - despite this week and last week’s FUD-y headlines, up 12 percent over a 24 hour period to press time and trading for around $2.35.
Total market cap is well above $400 bln, around $444 bln by press time.
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