It’s not often that metaphor and reality coincide, but it’s Tokenleak’s absolute pleasure to announce that the actual green shoots of spring arrived at precisely the same moment as green shoots of recovery were sprouting on the cryptocurrency market. This crypto roundup will focus on where those emerald saplings have manifested…
This week saw the total cryptocurrency market cap grow by around 12% (from 120.5 billion USD to 135 billion USD).
So, how green was my valley? Well, pretty green, as you ask. You have scroll all the way down to CoinMarketCap’s 27th biggest coin (USD Coin, which lost 0.96% of its coin value in the last 24-hours) to find even the merest hint of red.
The market’s top three cryptocurrencies have all reported healthy gains across the last seven days. Ethereum continued its tentative return to form by adding 4.96% to its value overnight and more than 20% across the week. ETH now boasts a coin value of 156 USD.
Big Daddy Bitcoin racked up a tidy 3.75% (just over 10% for the week) bump to its coin value and speculators will be pleased to see the market leader’s value topping the 4,000 USD mark again. At time of going to press, one BTC will set you back a reassuringly expensive 4,126 USD.
Following their recent high-profile staring contests with SWIFT, bankers favourite, Ripple, has recorded a respectable 2.91% advance overnight, supplementing the 6.6% rise it experienced across the week.
Honourable mentions go to NEO (NEO), Ontology (ONT) and OmiseGo (OMG) who all put on in excess of 12% in the last 24-hours. Pundi X, Revain and Dai must all do better, having lost at least 2 points each last night.
With the potential arrival of Bitcoin ETFs, Brexit fallout and some serious institutional cash pouring into the security token market, the next few months in the market could set the tone for the rest of the year. Keep your eyes pealed, your ears to the ground and phasers set to the Tokenleak crypto roundup…