Crypto Market Recovers, TRON Surges 33%

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Within the past 24 hours, the crypto market has added $19 billion to its valuation as the price of Bitcoin (BTC) surged to $4,300. After dropping to the low $3,000 region, Bitcoin engaged in an unexpected price rally, rising by more than 15 percent on a single day. The newly established momentum of Bitcoin allowed the rest of the cryptocurrency market to recover. Major digital assets…

Bitcoin Price Surges 15% in Rebound Action; Has It Bottomed Already?

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The bitcoin price on Wednesday saw the arrival of bulls as it surged 15 percent in an impressive rebound action. The BTC/USD index opened at 3776-fiat while continuing the upside action of the previous day. It kept forming higher highs, eventually setting its daily peak at 4350-fiat as the US trading session came into play. At the time of writing, the pair is trading at 4300-fiat,…

Ripple Surges 8% as Crypto Market Adds $4 Billion Overnight

Twitter Facebook LinkedIn Over the last 24 hours, Ripple (XRP) has surged by more than 8 percent to $0.51, as the valuation of the crypto market increased by $4 billion from $181 billion to $185 billion. On November 15, the valuation of the crypto market fell by $27 billion from $210 billion and a recovery to the $200 billion mark could require weeks to months of stability. As one cryptocurrency technical analyst explained, “BTC bulls trading in defense after recent drop below key support, now need a powerful comeback to…

Crypto Market Surges in Daily Volume to $13 Billion, Renewed Optimism

Twitter Facebook LinkedIn Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $10 billion to $13 billion. Bitcoin, in particular, has seen a large increase in volume from $3.1 billion to $4.3 billion within a week, by more than 40 percent. Led by the positive price movement of Bitcoin and its noticeable increase in volume, the value of other major cryptocurrencies like Stellar (XLM), Cardano (ADA), and Tron (TRX) has increased by the range of 3 to…

Bitcoin Cash Volume Surges 7x to $1.4 Billion, Crypto Market Recovering

Twitter Facebook LinkedIn Major cryptocurrencies including Ethereum, Bitcoin Cash, and Litecoin have increased by more than 5 percent in value over the last 24 hours. The cryptocurrency market has started to demonstrate signs of recovery, as the daily trading volume of large digital asset trading platforms has increased over the past week. The volume of Bitcoin, led by an abrupt surge in volume in the cryptocurrency exchange market of South Korea and the BTC-to-KRW trading pair, increased from $3.1 billion to $4.4 billion within a span of seven days, increasing…

Dash Surges 13% as Tether Boosts Volume, Payment Service Launched

Twitter Facebook LinkedIn Dash on Sunday surged as much as 13 percent against the US Dollar as supposed stablecoin tether (USDT) lost over 4 percent of its value. The DASH/USD pair closed yesterday at 155.90-fiat while continuing to its slow upside momentum. Today’s Asian session witnessed the pair erasing its recent gains and forming intraday lows towards 152.78-fiat. The green candles began appearing after that, constructing a smooth uptrend in which traders entered longs on higher high formations. It went on until the DASH/USD pair established an intraday high at…

Bitcoin Cash Surges 12% Prior to Hard Fork as Coinbase Reveals Support

Twitter Facebook LinkedIn Over the last 24 hours, Bitcoin Cash (BCH) has increased by around 12 percent from $425 to $477 prior to its hard fork. On November 2, CCN reported that Bitcoin.com and Binance decided to support the version of Bitcoin Cash set forth by ABC, the original developers of the BCH software that forked the Bitcoin blockchain network last year. Upon the announcement of Bitcoin.com and Binance, the price of Bitcoin Cash increased from $425 to $460, briefly reaching $470. Since then, the price of BCH has risen…

0x Surges 30% After Coinbase Listing, Which Crypto is Next?

0x (ZRX), better known as the 0x protocol, experienced a 30 percent increase in value within mere minutes after Coinbase, the world’s largest crypto brokerage, officially integrated ZRX. In an official announcement, Dan Romero, Coinbase vice president and Coinbase Consumer general manager, wrote: “Starting today, Coinbase supports ZRX at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store ZRX, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin. ZRX will be available for customers in most jurisdictions, but will…

Bitcoin Surges to $7,500 on Bitfinex as Tether Implodes, Real Price $6,700

The price of Bitcoin has surged from $6,300 to $7,500 on Bitfinex, a major cryptocurrency exchange that reportedly operates Tether LLC, a firm that oversees the development of stablecoin Tether (USDT). Bitcoin is being traded with a significant premium on exchanges that have integrated USDT such as OKEx and Huobi, because traders have initiated the biggest sell-off of USDT to date. The sudden dump of USDT led the price of the stablecoin to drop to $0.94, by around 6 percent from its peg at $1. The drop in the value…

Volume of Bitcoin Surges Nearly 30% as it Finally Breaks Out of $6,550

Bitcoin, the most dominant cryptocurrency in the global market, has seen an abrupt increase in its volume from $2 billion to $2.53 billion on CoinCap.io. On Coinmarketcap, the volume of Bitcoin has risen from $3.2 billion to $3.8. The discrepancy between the volume of BTC listed on CoinCap.io and Coinmarketcap comes from CoinCap.io’s system that does not take daily trading volumes from exchanges suspected to have inflated numbers into account. Volume was the Biggest Issue Throughout the past seven days, CCN consistently reported that the low volume of Bitcoin had…