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The Bitcoin award led a complete return of the cryptocurrency on Monday after the market briefly fell under the $ 250 billion Sunday.
In total, 97 of the top 100 cryptocurrencies posted gains against to the US dollar, allowing cryptocurrency market capitalization to rise by $ 15.4 billion, a gain of more than 6% on a single day and bring the index to a current value $ 260.5 billion.
The Bitcoin price fights for $ 7,000 as the market recovers
The Bitcoin price was leading the rally, hitting a rise of nearly six percent and extending up to $ 7,132 on Bitfinex during intraday trading. At present, the Bitcoin price is valued at $ 6,930, which translates into a market capitalization of $ 118 billion and a 45.3% share of the total market capitalization of cryptocurrency.
The Ethereum Prize Receives a 5% Increase as a Debate Community 120 million ETH
The Ethereum price made similar progress, up five percent to $ 385 on Bitfinex. Ethereum now has a market capitalization of $ 38.1 billion and a 14.6% share of the index.
It is unclear whether the Ethereum rally has a link with a proposal – published by Vitalike Buterin, creator of the Ethereum, announced that Buterin had himself declared that he felt that a “fixed currency supply considering” as transitions of Ethereum to a consensus Proof-of-Stake (PoS) algorithm.
Stellar Price leads the Altcoin Rally
Gains were fairly well distributed in the wider altcoin ecosystem, and only three cryptocurrencies ranked among the top 100 – Kin, Revain, and Veritaseum – failed to increase increases in popularity. One day.
The Ripple and Bitcoin Cash Prices have all risen by approximately 4% and are currently trading at $ 0.49 and $ 662 respectively.
Fifth-ranked Litecoin rose six percent to $ 118, while EOS broke the index with a seven-percent rise to $ 5.74.
Stellar, seventh in terms of market capitalization, led the pack with an 11% increase to $ 0.21, and Cardano’s 6% increase pushed up the price to $ 0.15.
NEO and Monero completed the top 10 with gains of 5% and 6%, bringing their prices to $ 48 and $ 178.
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