Crypto Markets See $13 Bln Price Spike in One Hour, Despite Negative BIS Report
From Cointelegraph
Most of the top 100 cryptocurrencies by market cap are seeing gains today, June 18, with both Bitcoin (BTC) and Ethereum (ETH) up about 4 percent on the day to press time, according to data from Coin360.Read more: https://cointelegraph.com/news/crypto-markets-see-13-bln-price-spike-in-one-hour-despite-negative-bis-reportTotal market capitalization of all cryptocurrencies is around $289.2 bln at press time, spiking up $13 bln in one hour and reaching levels only slightly less than its weekly high around $300 bln on June 12.
It's been a rough year for crypto investors. It's always nice to see a strong buy spike to signal there might be an end in sight to the bear market. Unfortunately we are heading into summer when markets traditionally slow down as the northern hemisphere takes time off to enjoy that beautiful weather. My worry is that if we dont see one last big rally soon we won't see one until the end of August or beginning of September.
Leave your thoughts in the comments below.
Follow @contentjunkie to stay up to date on more great posts like this one.
Click one of the links below to signup for a free crypto trading account
Time to buy some good crypto.
This post has received votes totaling more than $50.00 from the following pay for vote services:
postpromoter upvote in the amount of $16.59 STU, $18.25 USD.
rocky1 upvote in the amount of $16.25 STU, $17.87 USD.
upme upvote in the amount of $16.66 STU, $18.33 USD.
smartsteem upvote in the amount of $16.31 STU, $17.94 USD.
booster upvote in the amount of $16.14 STU, $17.75 USD.
boomerang upvote in the amount of $8.13 STU, $8.94 USD.
For a total calculated value of $90 STU, $99 USD before curation, with a calculated curation of $23 USD.
@contentjunkie, you may opt-out of transparencybot messages by simply replying to this comment and using the tag #TBopt-out. Click here to learn more.
Who cares about BIS? The most corrupted bank in the world
Who cares about BIS? The most corrupted bank in the world
I'm thinking Sept. too. Going to be a summer of accumulation.
When markets stops falling even on bad news, it’s a sign that the downtrend is out of steam.
Behold, a big upmove is on it’s way.
This post has received a 15.66 % upvote from @boomerang.
This post has received a 15.38 % upvote from @booster thanks to: @contentjunkie.
You got a 5.40% upvote from @postpromoter courtesy of @contentjunkie!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
You got a 10.16% upvote from @upme thanks to @contentjunkie! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).