BITCOIN TODAY MARKET UPDATE
Last month the price of Bitcoin reacted strongly to the news that the Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) were planning to launch Bitcoin futures - which eventually led to a massive bull run. Both mainstream exchanges successfully launched their new offerings and in both instances, the price of Bitcoin reacted favourably, although the CME launch a week after CBOE had far less of an effect on the price of Bitcoin.
At the time of writing, the Bitcoin price is sitting at $14,217, representing a gain of 13.1% in the last 24 hours. More than $1.6B worth of BTC were exchanged in the BTC/USD market representing a 39% share of daily volume, followed by the BTC/JPY pair that represents a 31% share.
The Bitcoin Cash price has risen 12% over the last 24 hours and is currently sitting at $2842. More than $230M worth of BCH were exchanged in the BTC/USD market, which has a 24% share of daily volume.
STATUS OF ALL CRYPTOCOINS
Bitcoin is up 13.12% at $14,217.370 with a volume of Ƀ124.3k - $1668.5M on the USD pairs.
Ether is up 7.76% against Bitcoin at Ƀ0.0521 per Ether and up 20.45% against the dollar to $740.12 with average volume Ƀ43.5k on the ETH/BTC pair.
Bitcoin Cash is down 0.74% to Ƀ0.2013 with volumes of Ƀ33.1k and up 12.09% against the dollar at $2842.77.
Ripple is up 2.01% to Ƀ0.0000709 with volumes of Ƀ17.6k and up 17.46% against the dollar at $0.999.
Zcash is up 6.99% for the day to Ƀ0.03886 per ZEC and up 22.81% against the dollar to $544.09 with an average volume of Ƀ4.4k for the 24 hour period.
Litecoin is up 10.59% against the dollar for the day at $280.91 and up 0.62% to Ƀ0.01952 on volumes of Ƀ19.9k.
Dash is up 1.61% at Ƀ0.08219 with Ƀ8.2k volume and up 17.33% against the dollar at $1153.38.
Iota is up 0.92% to Ƀ0.0002639 on Ƀ5.5k volume.
Ether Classic is up 2.69% to Ƀ0.002058 with volumes of Ƀ5.2k and up 18.44% against the dollar at $28.78.
Monero is up 18.88% against the dollar at $343.82 and up 2.67% against Bitcoin at Ƀ0.02458 on volumes of Ƀ4.7k.
Neo is up 5.86% for the day to Ƀ0.004406 per NEO and up 23.71% against the dollar to $61.82 with an average volume of Ƀ6.2k for the 24 hour period.
Waves is up 1.52% to Ƀ0.0009769 on Ƀ3.5k volume.
Stratis is up 3.17% to Ƀ0.001019 on Ƀ3.8k volume.