April 11: the cryptocurrency markets are in the green today, with Ethereum[1] (ETH) more comfortably above $400 and Bitcoin[2] (BTC) close to $7,000, according to data from Coin360[3].
ETH is up almost 6 percent over a 24 hour period, trading for around $420[4] by press time.
BTC is trading for around $6,954[5], 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[6].
Of the top ten coins listed on CoinMarketCap[7], EOS[8] is by far up the most - more than 20 percent over a 24 hour period to press time - currently trading at around $7.2[9]. EOS’s price jump could be attributed to the recent announcement[10] of the EOIS Blockchain platform Dawn 3.0’s pre-release on April 6.
Total market cap is around $270 bln[11] 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[12] 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.
