The Prices of Major Cryptocurrencies Increases

Weekend turned out to be very good for the market. According to the Coin360 website, 97 out of the first 100 cryptocurrencies in terms of capitalization show a steady growth. Bitcoin shows steady growth, having passed a mark $7 thousand. At the time of writing, the crypto asset is traded at a price of $7,200. It is worth saying that the first on the capitalization of the cryptocurrency for the second time in a week exceeded the mark of $7 thousand. Experts suggest that this is due to news from the Commodity Futures Trading Commission (CFTC), which reported a decrease in bearish positions for commercial bitcoin futures contracts.

Ethereum (ETH) is traded at a price $300. At the time of writing, the asset is worth $297. The total market capitalization of all digital assets reached $238.4 billion.

The most significant growth was shown by the Dogecoin (DOGE). Over the past 24 hours, its value has grown by 41%. Altcoin began to grow in price on August 30. Thus, by today, the cost has increased by 135%. Today, the cost of DOGE is 0.0057 dollars. The capitalization of the project is almost 665 million US dollars.

It is assumed that the growth in the cost of Dogecoin is due to the impending infrastructure for the project, named Dogethereum. This protocol is a smart contract that will allow you to move Dogecoins from the Ethereum blockchain.

"Green" in the market of cryptocurrencies increases as reports become available that the Chicago Stock Exchange (CBOE) plans to issue futures for Ethereum in 2018.

#cryptomarket, #bitcoin, #altcoin, #growth