Cryptocurrency markets moved higher on Tuesday, fueled by the continued rise in regulated futures on bitcoin Sunday. Encouraged by this factor, the price of bitcoin rose to an impressive distance of $ 12,000 step, and the market capitalization of cryptocurrency reached the limit of $ 200 billion. Meanwhile, altcoins reaped gains from a bull market, and the number of cryptocurrencies with billions of dollars valuations swelled to a new historical record of nineteen.
In total, cryptocurrencies added nearly $ 15 billion to their already inflated combined market capitalization. At present, the total market capitalization of cryptocurrency is $ 354.3 billion, which represents a one-day increase of 4%.
Bitcoin Price Eyes $ 12,000
During the weekend, Bitcoin "died" for the 200th time, but, to the wrath of bears across the globe, the most important cryptocurrency refuses to acknowledge its supposed disappearance. The price of bitcoin reached a new record high Tuesday at about 9:00 UTC, reaching $ 11,931. However, Bitcoin has not been able to reach $ 12,000 – a feat that would have raised its total value beyond $ 200 billion for the first time – and it has declined slightly to 11,887 $ and has a market capitalization of $ 198.8 billion. ]
Goods at Ethereum prices on the side
Bitcoin futures are expected to have a positive effect on Ethereum – Chairman of the Cboe Derivatives Exchange has hinted that his exchange may soon add bitcoin cash and ethereum futures – But the price of Ethereum did not get a bump on the news that Bitcoin futures would be launched sooner than it was commonly thought. Instead, the price of the ethereum is traded on the side, remaining at $ 462. Ethereum maintains a market capitalization of $ 44.5 billion.
Billionaire Club Reaches New Historic Record
Altcoin markets, on the other hand, were generally characterized by positive movements, and the number of crypto-currencies with billions of dollars valuations reached a new record.
In the top 10, there were two cryptocurrencies that made movements worthy of attention. IOTA, ranked fifth, continued its spectacular climb, rising by 28% to break the $ 3 mark for the first time. IOTA is now less than $ 1.2 billion in terms of capping the total market.
Monero, ranked ninth, made a similar move, jumping 23% to $ 240 and raising its market capitalization to $ 3.7 billion.
Outside the top 10, the majority of cryptocurrencies recorded moderate increases of at least five percent. As a result, three cryptocurrencies – Lisk, OmiseGO and Qtum – exceeded the $ 1 billion market capitalization threshold, bringing the total number of "crypto unicorns" to a new all-time high of 19.
Image from Shutterstock to photo