Sunday, September 30: crypto markets are being observed with several ups & down today. A little more than half of the top 100 cryptocurrencies have increased within 24 hours.
The daily trade volume has decreased, looked; a relatively sharp falling from around $15 billion yesterday to $13.8 billion.
Bitcoin (BTC) has been drawn attention around $6,600 for most of the day, with a particular day gone low of $6,561 and raised high of $6,640. At press time, Bitcoin is trading at $6,632, grew around 0.7 percent on the day. Bitcoin’s dominance share on the market is currently at 51.2 percent.
Ethereum (ETH), currently the second largest cryptocurrency by market cap, keeps hovering around $230, after suffering a fall reached as low as $215 yesterday. The altcoin’s price has noticed increment of 1.6 percent in the 24 hours to press time.
Ripple (XRP) is also growing, hovering over the largest daily benefits among the 20 top coins. The coin gone up 4 percent today for transaction at $0.584 at press time.
Earlier this week, Ripple was informed to lead a group of crypto and blockchain begins to raise and also lobby of the U.S. lawmakers are about to be persuaded and financial regulators ought to be encouraged for innovation of the industry.
Total market cap has arisen in a smaller degree, currently is at $223 billion and remained up about $2 billion at the same time yesterday.
NEM (XEM), currently the 17th largest cryptocurrency, has gone at 1.7 percent during the past 24 hours of trading at $0.097.
As crypto prices stayed at the same place fairly the worst condition and without a clear way, a group of lawmakers from the U.S. Congress has recently spoken to the Securities and Exchange Commission (SEC) by demanding to provide more regulatory transparency for the crypto industry. Specifically, several congressmen have questioned SEC Chairman Jay Clayton to give the facts for deciding to identify digital tokens as securities.
Anthony Pompliano, who is, founder and partner at Morgan Creek Digital Assets, has told briefly the main crypto industry events of the week in his tweet on September 30.
The industry expert mentioned such events as the crypto mining giant Bitmain which is being filled for starting public offering (IPO) on the Hong Kong Stock Exchange, the partial revirement of Google’s crypto ad ban, and the upcoming announcement of a permanent cryptocurrency (stablecoin) by the computerization way of payments encircle the company.
Mark Peter is a full-time member of the reporting team at Bitconews. He is a finance major with one five of writing experience. He has not held any value in Bitcoin or other currencies. He joins Bitconews as a freelance journalist, blogger and forex trader.
Get real time update about this post categories directly on your device, subscribe now.