Bitcoin climbs above $ 8,600, but altcoins lead
Bitcoin is up $ 500 sharply from $ 8,200 to $ 8,700 this Wednesday and is trading at around $ 8,600 at time of publication.
At the same time with growth rate there was an increase in trading volume. So, on the Coinbase exchange, 322 bitcoins were exchanged over a two-hour period, while in previous similar periods the value was 20-50 BTC or less.
At the same time, a number of altcoins are outperforming bitcoin today. Ethereum, for example, climbed from $ 179 to $ 195, also on higher volumes. Events are developing simultaneously with the DevCon Ethereum developer conference in Osaka, Japan..
In the top ten, Binance Coin showed the greatest rise – its rate increased by 9%. Earlier today, Binance announced the launch of peer-to-peer trading of BTC, ETH and USDT paired with the Chinese yuan and the ability to deposit funds through payment services Alipay and WeChat Pay..
Chainlink also went up 10% within 24 hours; in a week its growth was 45%, which allowed it to reach the 14th line in the list of the largest crypto-assets CoinMarketCap.
Maker was among the leaders, occupying 23rd place – it grew by 18%. Maker Foundation CEO Rune Christensen announced at DevCon that his organization intends to launch new types of secured debt positions for the Dai stablecoin and additional services such as the ability to receive interest payments on Dai assets..
Siacoin price increased by 17%. This was preceded by the announcement of the Kraken exchange about the listing of the cryptocurrency. Earlier, the Siacoin developers reported that they managed to come to an agreement with the Commission on Valuable US securities and stock exchanges (SEC) in the course of proceedings for violation of laws in the field valuable papers, and agreed to pay fine of $ 225,000
The segment’s capitalization has risen by $ 10 billion today and reached $ 232 billion, the Bitcoin dominance index fell below 67%.
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