The top ten coins by market cap are mostly in the green today, as markets make a tentative recovery following their significant dip earlier this week, Coin360 data shows.
Bitcoin (BTC) удар $9,500 at one point in early trading hours this morning. The coin is currently holding ground, парит вокруг $9,250 mark, with a value gain of less than 1 процентов по сравнению с 24 часов нажать время.
Ethereum (ETH) is down slightly, after being over 5 percent in the green yesterday, апрель 28, now trading around $674, down about 0.5 percent as of press time.
Of the top ten coins on Coinmarketcap, Cardano is making the strongest gains, до более 10 процент, with its total market cap brushing $10 млрд ранее сегодня .
EOS has also seen a healthy rise of over seven percent in the same 24 часовой период, торговли вокруг $20.22 нажать время, indicating that the markets are continuing to respond positively to the pre-release of its Blockchain scalability platform EOSIO Dawn 3.0 в апреле 6.
Total market cap is currently around $425 bln to press time, по данным CoinMarketCap, with BTC dominance at 37%.
Ран Neu-NEr, host of CNBC’s CryptoTrader, compared this morning’s healthy outlook with early January’s bullish markets:
Market just hit 50% of the ATH in Jan. On that day BTC was at $17500 and had a lower dominance than today! pic.twitter.com/l7xuEPnF8L
- Ран Нойнер (@cryptomanran) апрель 29, 2018
Mid to long-term crypto market sentiment remains bullish, particularly among VC investors. The CEO of crypto hedge fund Pantera Capital, forecast thatthe crypto market could hit “$40 trln” within ten years, in a Bloomberg interview earlier this week. Tech giant IBM broke news twice with Blockchain-focused initiatives, signalling that major tech industry players are edging closer towards realizing real world Blockchain applications.
Yet others from the traditional financial sector continue to balk at short time volatility, with American investor, Уоррен Баффет, again scorning investment in cryptocurrencies in an interview yesterday, апрель 28. The 87-year old investor joined ranks with other Bitcoin sceptics, such as the ousted Paypal CEO, Bill Harris, who this week said that “Bitcoin is a scam,” and that crypto traders are “drinking the Kool-Aid”, in an apparent reference to the poison-laced drink which killed over 900 cult members in the Jonestown Massacre of 1978.
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