Crypto Market Jumps $40 Billion in 2 Days as Bitcoin, Ether and XRP Record Major Gains
The cryptocurrency market has added more than $40 billion within a 48 hour period as major digital assets bitcoin, ether, Ripple, and Bitcoin Cash recorded gains in the range of 5 to 10 percent.
XRP, BCH, EOS, and Cardano Best Performers
Ripple (XRP), Bitcoin Cash (BCH), EOS, and Cardano (ADA) have been the best performing major digital assets on July 3. Cardano recorded a daily increase of 16 percent while EOS saw a 13 percent rise in value. All of these major digital assets have performed particularly poorly against the US dollar and bitcoin over the past few weeks.
On yesterday’s report, CCN emphasized that the corrective rally recorded on July 2 established the trend for the first week of July. The unforeseen rise in the volume of bitcoin and ether led the entire cryptocurrency market to bounce, bringing along both major cryptocurrencies and minor digital assets.
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