Yesterday, on February 25, CCN reported that the cryptocurrency market struggled to maintain momentum in the $500 billion region, falling to $430 billion as sell volumes intensified. A similar trend occurred today, as most major cryptocurrencies including bitcoin struggled to record gains.
Bitcoin and Ethereum
On February 26, only Litecoin and Ethereum amongst the 10 most valuable cryptocurrencies in the global market managed to record daily gains. Ethereum’s native cryptocurrency Ether demonstrated a slight increase in value of 1 percent from $841 to $852, after dipping below $820 on February 25. Ether remains as the only cryptocurrency apart from Litecoin to show some upward momentum, but its trading volume is still relatively low.
