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cryptocurrency April 11, 2018

April 11: the cryptocurrency markets are in the green today, with Ethereum (ETH) more comfortably above $400 and Bitcoin (BTC) close to $7,000, according to data from Coin360.

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Coim360

ETH is up almost 6 percent over a 24 hour period, trading for around $420 by press time.

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BTC is trading for around $6,954, around 3 percent up over a 24 hour period to press time. Bitcoin dominance is slightly down, around 43.5 percent, according to data from CoinMarketCap.

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Of the top ten coins listed on CoinMarketCap, EOS is by far up the most – more than 20 percent over a 24 hour period to press time – currently trading at around $7.2. EOS’s price jump could be attributed to the recent announcement of the EOIS Blockchain platform Dawn 3.0’s pre-release on April 6.

Total market cap is around $270 bln by press time, below the intra-month high of $283 bln on April 3, but above the start to the month’s low of $243 bln.

The European Commission’s declaration of support for Blockchain innovation yesterday, and the creation of a European Blockchain Partnership made up of 22 countries, are recent large wins for Blockchain adoption that could be keeping BTC and ETH’s prices near $7,000 and $400 respectively.

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Source: CoinTelegraph

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