Categories: News

Markets: Ethereum [ETH] crosses $100 surges by 10%+, Bitcoin Cash [BCH] overtakes Litecoin [LTC]

Investors have heaved a sigh of relief as cryptocurrency markets finally see green candlesticks everywhere. The markets are rising sharply and trading volume in exchanges are increasing. Bitcoin has finally crossed $3,500 and is now trading at $3,797.

Ethereum crosses $100

Definitely, the star of today’s market upturn is Ethereum. Ethereum has crossed $100, once again bringing back the confidence among its investors. Ethereum is currently trading at $102, a 10.4% increase in the past 24 hours. Ethereum had briefly touched $87 this bear market, ensuing panic among Ethereum holders.

Bitcoin Cash [BCH] overtakes Litecoin

Bitcoin Cash overtakes Litecoin and even Tether become the 6th largest cryptocurrency once again. BCH increased by a whopping 26% in the past 24 hours. BCH is the fifth biggest gainer today. On 13th December, Litecoin surpassed Bitcoin Cash [BCH] for the first time to become the 6th largest cryptocurrency in terms of market capitalization. The event was dubbed “the Flappening”.

Cryptocurrency markets add $20 billion

After briefly touching the mark of little over $100 billion, the cryptocurrency markets rebounded and added $20 billion in the next 24 hours. It was started by a sudden increase in the price of Bitcoin (3%), followed by rising in prices of other cryptocurrencies including XRP, Ethereum, Litecoin, BCH, Tron etc.

Binance trading volume increases to $1 billion

Exchange volumes are up with Binance leading the race with $1 billion trade volume in the past 24 hours. Binance is followed by OkEx and Huobi in the second and third position respectively.

 


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago