[03-03-2018] Markets Update: Cryptocurrency Prices See Some Slight Recovery

[jamie.redman1]

The price of bitcoin and a slew of other cryptocurrencies have started to see some slight recovery on Tuesday, April 3rd’s morning (EDT) trading sessions. The entire economy of over 1,500 different cryptocurrencies has increased in value surpassing a $278 billion market capitalization with 5-20 percent gains.

Over the last few days, cryptocurrency markets have been nurturing losses as digital asset values slid significantly. Currently, the entire crypto-economy is trading $13.1Bn USD in 24-hour volume, and most coins saw some gains over the past day. Right now daily statistics for BTC/USD markets are up 5.5 percent and BTC prices are hovering just below the $7,400 region. BTC trade volume is still flat as traders are swapping roughly $5.1Bn in trades over the past 24-hours. The top five exchanges facilitating these trades include Bitfinex, Okex, Binance, Huobi, and Upbit. These trading platforms are exchanging over $150Mn or more in global trade volume over the last day.

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