The cryptocurrency market and especially Bitcoin is showing promising
signs again on Monday, with the toatl market cap breaking the $290
billion mark for the second time in a week.
The crypto market spiked to $300 billion last Friday, but eased down
over the weekend with the market capitalization dropping back to $275
billion. With Bitcoin on the rise at the start of the new week, the
market is picking up momentum again.
Bitcoin has seen a rise over close to 4,5% over the last 24 hours and is
now valued at $7750, according to Coinmarketcap. It's the highest level
of Bitcoin since June 9, and almost $2000 higher than the lows of the
end of June.
The focus of buyers seems to be on Bitcoin at the moment, with most
other coins relatively stable. Bitcoin Cash ia marking the same gains as
Bitcoin and is now worth $820, and Cardano is op 3,6%.
Among the biggest gainers are Bitcoin Diamond (30%) and Augur (21%),
but by far the biggest winner is Holochain (or Holo). The project
jumped into the top 100 following the announcement of Binance that the
$HOT token will be listed on the exchange on July 24. Holo is up 50% and
is still rising at the time of writing. Holochain aims to create an
ecosystem of decentralized apps with distributed, user-controllled
storage.
