Cryptocurrency

Bitcoin crosses $10,000 value as Market Cap hits $480 Billion

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(Last Updated On: March 30, 2018)

For the first time in February, 2018, bitcoin rose above $10, 000 USD, causing a slight increase in market capitalization. It has been floating between $7k and $9K over two weeks.

The cryptocurrency market cap added more $5 billion in less than 24 hours to remain at $480 Billion at 7:22AM, February 15, 2018 as against $475 billion the day earlier.

Bitcoin crosses $10,000 value to raise more hope

Bitcoin continued to rise on Thursday through Friday morning, posting 3.72%, making it the first time it’ll be crossing 10K hurdle since the beginning of February, 2018.

Bitcoin now has a market cap of $170,857,233,913 Friday as against $166.8 billion it had yesterday.

The cryptocurrency market recovery began on Thursday, with nearly every top 100-cryptocurrency rising in value against the US dollar, and the rise in value continued Friday, even though a few of them slipped mildly.

Ethereum, bitcoin cash too

Second most popular coin, ethereum price joined bitcoin in its rally on Thursday, though it has lost 0.52% in the last 24 hours, trading $934.10, according to coinmarketcap.com.

This provides ethereum with a market cap of $91,209,668,151 as against $91.8 billion yesterday (February 15, 2018).

Ripple price posted a top 10-best seven percent rally yesterday, which largely stemmed from the fact that money transfer giant Western Union has confirmed rumors that it is pilot-testing XRP integration in a new blockchain trial, but dropped 1.47% in value on Friday morning.

Bitcoin Cash maintains a $1519.63value with a $25,788,102,105 market capitalization while litecoin extended its surge by another six percent on February 15, but dropped by 7.61% in last 24 hours in value.

We will continue to watch and analyse as the cryptocurrency price changes.

About the author

Opeyemi Quadri

Ope is the brain behind all contents on infobase, an online media which is among the earliest and foremost publications covering N-power Programme, cryptocurrency, travel guide and other problem-solving guides. He has authored over 1,000 articles for infobase.

When he isn't watching Channels Tv or BBC, he's on NatGeoWild. He's cryptocurrency and blockchain enthusiast. Email: ope@infobase.com.ng

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