Bitcoin[1] (BTC) has solidly broken above $9,000 and Ethereum[2] (ETH) is inching closer to $700, according to data from Coin360[3], as the crypto markets continue on their upward swing[4] that has now lasted more than two weeks.
BTC is currently trading at around $9,312[5], up almost 4 percent over 24 hour period by press time. BTC dominance is slightly down from its recent numbers in the 40 percent range, currently at around 37.3 percent[6] by press time.
ETH is up 8 percent over a 24 hour period, trading at around $692[7] by press time, a price point last reached in mid-March.
Of the top ten listed on CoinMarketCap[8] - which are all in the green - EOS[9] is up the most, up around 17 percent over a 24 hour period by press time and trading at around $13.57.
Bitcoin Cash[10] (BCH) is next highest, up around 9 percent over a 24 hour period and trading at around $1,522 by press time. BCH’s around 100 percent price rise this week could be attributed to the upcoming May 15 hard fork announcement[11] as well as BitPay’s addition[12] of a BCH option on their BitPay Checkout app.
Total market cap is also solidly over $400 bln, specifically at around $423 bln by press time according to data from CoinMarketCap[13]. The last time total market cap reached this amount was in early March.
