Shaking off a bunch of negative news, major cryptocurrencies like Bitcoin, Ethereum, Ripple and Monero continued to surge recently. Bitcoin is up two.05% over the last twenty four hours and seventeen.53% over the last seven days, Ethereum is up one.95% and 21.74% over constant periods, whereas Ripple and Monero registered even higher gainssee table one.
Table 1
7d worth amendment For Major Cryptocurrencies
Cryptocurrency $
Bitcoin 2.05 17.53
Ethereum 1.95 21.74
Ripple 5.47 37.56
Monero 14.45 35.84
Source: Coinmarketcap.com 4/18/18 at 4:30 p.m.
The cryptocurrency rally comes as markets shake off a bunch of negative news starting from regulators cranking down on cryptocurrency exchanges to giant Bitcoin sales by major investors, and tax sell-offs, and extends across the complete chain, with ninety six out of the highest one hundred cryptocurrencies advancingsee table two.
Table 2
Number of Cryptocurrencies That Advanced/Declined within the prime one hundred Ranks
Cryptocurrencies Advance/Decline Number
Advance 96
Decline 4
Source: Coinmarketcap.com 4/18/18 at 4:30 a.m.
[Ed. note: finance in cryptocoins or tokens is very speculative and also the market is basically unregulated. Anyone considering it ought to be ready to lose their entire investment. Disclosure: i do not own any Bitcoin.]
Does this mean that the cryptocurrency train is effort the station?