Yesterday, the cryptocurrencies market cap began the day below $650 billion but rose $64 billion — or 10 percent — during the ensuing 24 hours reaching a high of $709 billion. At the time of writing, the cryptocurrencies market cap is sitting on 750 billion, a new all-time high.
At the time of writing, the Bitcoin price is sitting at $14,462 representing a loss of 4.5% in the last 24 hours. More than $1.7B worth of BTC were exchanged in the BTC/USD market representing a 39% share of daily volume, followed by the BTC/JPY pair that represents a 33% share.
The Ethereum price has risen by 5.8% over the past 24 hours and is currently sitting at $923, with over $840M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 32% market share of the daily trading volume.
The Ripple price has increased by 27.5% over the past 24 hours and is currently sitting at $3.11, with over $1.2B worth of XRP exchanged in the past 24 hours on the XRP/USD pair which has a 33% market share of the daily trading volume.