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Crypto Markets Continue to Spike Higher

Posted Mar 05, 2018 | Hits: 723
Cryptocurrency markets are on the rise again this weekend as the total market capitalization of all 1,500 digital assets touches $465Bn. Bitcoin core (BTC) volumes are still lower than a few weeks prior but bulls have managed to press past resistance reaching a high of $11,480 during last night’s trading sessions.

Digital asset markets are on the rise again this weekend as most cryptocurrencies are seeing gains between 0.60 to 15 percent. BTC/USD markets are up 4.6 percent as bulls have pushed the price up past the $11K region yesterday. Global trade volume is still a touch lower than the highs in December as the 24-hour volume is roughly around $6.9Bn. The Japanese yen is still dominating the world’s BTC volume as the yen currently commands 51 percent of the global volume. This is followed by the U.S. dollar (20%), tether (USDT 16%), the Korean won (5.3%), and the euro (3.4%). The top five exchanges swapping the most BTC today include Okex, Bitfinex, Binance, Upbit, and Bithumb.
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