The past 24 hours have been happening for cryptocurrencies. Bitcoin is up by 5% while Ethereum is up by almost 10%. According to TA data points, today might be the day when Bitcoin crosses $6,000 a new high after a 7 months period.
Monitored by the team at Coinness, both Ethereum and Bitcoin have the max net coin inflow in all the cryptocurrency markets in the past 24 hours time period. Net Coin Inflow is the measure of purchase of a new coin. That means more and more people are buying a particular coin.
Ethereum is leading the race with $131 million ETH tokens being bought in the 24 hours period. It is followed by Bitcoin with $19.6 million worth of Bitcoins being bought in the past 24 hours period. At the third place, there is Litecoin with around $18.5 million worth of Litecoins being bought in the past 24 hours period.
Bitcoin is currently trading at $5,936 while Ethereum is trading at $177. Litecoin is trading at $76.86. All three cryptocurrencies show strong bullish strength.
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