ICO CALENDAR - The Leading Initial Coin Offerings Source
  • Directories
    • ICO/IEO/STO Directory
    • Hedge Funds & VC
  • Services
    • Submit ICO/IEO/STO to list
    • Submit Press Release
    • Add Hedge fund/VC firm
    • Banner Ads Placement
  • News
  • Charts
    • Webcoin
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Dash
    • Ethereum Classic
    • NEM
    • Monero
  • ICT Token
  • Directories
    • ICO/IEO/STO Directory
    • Hedge Funds & VC
  • Services
    • Submit ICO/IEO/STO to list
    • Submit Press Release
    • Add Hedge fund/VC firm
    • Banner Ads Placement
  • News
  • Charts
    • Webcoin
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Dash
    • Ethereum Classic
    • NEM
    • Monero
  • ICT Token
Search

Crypto Assets Bounce Back Above $70 Billion Amid Day of Gains

7/18/2017

Comments

 
Picture
After a daunting weekend in which the value of cryptocurrencies cratered to levels not seen in months, 48 of the top 50 tokens are posting press-time gains.
In total, the value of all publicly traded crypto assets edged over $70bn today, up nearly $10bn from a low of $61bn observed yesterday. At publication, all of the top 10 cryptocurrencies were in the green, with IOTA, ether and stratis posting the biggest gains.
Overall, the price movements are the latest that add context to the still-unanswered question of whether the cryptocurrency asset class is in the midst of a "correction" after setting a new all-time high of $115bn in June. Even with the reversal, the market is still down just 40% from figures observed at that time, according to data from Coinmarketcap.
Yet, after winning mainstream press coverage and magazine covers, it appears that mainstream interest in new cryptographic assets may be waning.
Data from Google Trends shows search terms for "ethereum," "bitcoin" and "ICO" were also down from highs observed in mid-June, indicating a possible fatigue in the market among more casual buyers.
As such, it remains unclear whether today's upwards movements will be enough to jumpstart a significant rally, or how stable prices will remain given potential challenges ahead for bitcoin and ether, historically the industry's two most visible assets.

​Article by: Coindesk

Comments
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture

    Archives

    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    November 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017

    RSS Feed

About

  • About us
  • Charts
  • ICT Token
  • News
  • Portfolio
  • Testimonies
  • Terms of Service​
  • ​We in the media

Let's connect!

    Subscribe Today!

Submit
© 2017-2018 ICOCalendar.Today(part of the ICOBay Group). All Rights Reserved.
  • Directories
    • ICO/IEO/STO Directory
    • Hedge Funds & VC
  • Services
    • Submit ICO/IEO/STO to list
    • Submit Press Release
    • Add Hedge fund/VC firm
    • Banner Ads Placement
  • News
  • Charts
    • Webcoin
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Dash
    • Ethereum Classic
    • NEM
    • Monero
  • ICT Token