#Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See GreenNEWS
Wednesday, July 18: crypto markets are continuing to climb fast, with 98 out of the 100 top cryptocurrencies by market cap in the green over the past 24 hours, according to data from #Coinmarketcap.
Bitcoin (BTC) has grown by $1,000 in just a couple of days, inching firmly to the $7,500 point after having reached an intraday high of $7,542. The top cryptocurrency is trading at around $7,429 at press time, up about 10 percent over a 24 hour period and having gained around 15 percent over the past month, reaching monthly highs.
Bitcoin price chart
Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index
#Ethereum (ETH) is still hovering around $500, trading currently at around $492. The top altcoin is up almost 4.5 percent over the past 24 hours, with an intraday high of $526.
Ethereum price chart
Ethereum price chart. Source: Cointelegraph Ethereum Price Index
Total market cap has broken $296 billion for the first time since June 11, when Bitcoin was below $7,000. The markets have gained over $40 billion over the past 7 days, with total market cap at around $295 billion by press time.
#Stellar (XLM) and #Cardano (ADA) have seen some of the biggest gains over the past 24 hours, up around 30 and 21 percent respectively. XLM is trading at $0.30 at press time, up around 59 percent over the past week.
Earlier today, Cointelegraph reported that Stellar has become the first blockchain protocol to acquire a Sharia compliance certification in the money transfer and asset tokenization field.
Cardano is trading at around $0.18, up about 41.5 percent over the past seven days.
Last week, one of the most popular U.S. crypto exchanges Coinbase announced that it is exploring addition of a number of new altcoins, including Stellar and Cardano.
Earlier today, billionaire investor and Avenue Capital Group co-founder Marc Lasry, claimed that Bitcoin could reach as high as $40,000 due to the coin becoming more “mainstream.” Lasry suggested that Bitcoin investors will be “making 5 to 10 times their money in 3 to 5 years.”