Friday, April 27: after a mid-week correction[1] that has seen Bitcoin go below $9,000, the crypto market is back on track with all top 10 cryptocurrencies[2] listed on Coin360[3] in the green.
Bitcoin[4] (BTC) is above $9,000 again, trading at about $9,263[5] with a value gain of about 5 percent over 24 hours to press time.
Ethereum[6] (ETH) is steadily climbing towards the $700 mark, trading at around $678[7] at press time, up almost 8 percent from yesterday.
Total market cap[8] is again over $400 bln, currently at $417 bln, after having dropped to as low as $380 bln Thursday.
EOS[9] continues to grow significantly, seeing 19 percent gains over 24 hours and trading around $17.40[10] at press time. With a growth of 50 percent over the last 30 days, the cryptocurrency’s price is approaching the levels of January, according to Coinmarketcap data.
Stellar[11] (XLM) has increased by almost 10 percent over 24 hours - the altcoin[12] is currently trading at $0.41[13].
Excepting this week’s temporary decline, the crypto market has been moving upwards since the day Bitcoin’s price jumped $1,000 in 30 minutes[14] on April 12. During this period, the markets have been propelled by a number of positive news, particularly Goldman Sachs executives resigning for positions at crypto projects, such as the crypto wallet Blockchain.com[15] and the crypto merchant bank Galaxy Digital[16].
Earlier today, Gil Beyda, the managing director of the venture capital arm of Comcast, expressed[17] a bullish view on Bitcoin and real world applications of Blockchain[18]
