Ladder Too Short
DNY59 / iStock

Crypto/ICO

Coin Review: Market Sees Sharp Spike But Falls Short

Yonah Hochhauser
06 December, 2018
2 min read
SHARE
ftlnln

Cryptocurrencies saw a spike of upward movement in the last twenty minutes, but continue to see a bear market overall, as the largest tokens are seeing across the board losses. As of 12:25 AM EST, the market cap of all crypto stands at $122,292,622,736 according to BLOCKTV Market.


 

Market 12/6/18 Early Morning. BLOCKTVMARKET.

Market 12/6/18 Early Morning. BLOCKTVMARKET.

BTC jumped 3.24 percent in the past twenty minutes to $3,854, but still sits down 1.18 percent on the day. The world's dominant coin took a high volume hit yesterday evening, and this latest surge has got it on the road to recovery as it continues to find its footing below the $4k level. 

BTC 12/6/18 Early Morning. BLOCKTVMARKET.

BTC 12/6/18 Early Morning. BLOCKTVMARKET.

XRP gained 2.8 percent in the recent spike, but follows the rest of crypto markets as it trades down 2.4 percent in the past 24 hours to a market cap of $13,753,157,605, with $431,465,398 volume exchanging hands. 

XRP 12/6/18 Early Morning. BLOCKTVMARKET.

XRP 12/6/18 Early Morning. BLOCKTVMARKET.

Ethereum, the market's third largest coin, didn't get as much help in the surge, down 5.27 percent trading at $102.48 with a volume of $2,114,482,061. Its market cap is currently $10,620,032,273.

ETH 12/6/18 Early Morning. BLOCKTVMARKET.

ETH 12/6/18 Early Morning. BLOCKTVMARKET.

Stellar took the biggest hit of the day, down 6.91 percent to $0.1362, in line with the across the board sell off in the crypto markets. The coin's market cap is now settling at $2,610,868,582, a mere $400M ahead of BCH. 

XLM 12/6/18 Early Morning. BLOCKTVMARKET.

XLM 12/6/18 Early Morning. BLOCKTVMARKET.

BTC ETH XRP market BCH coin review XLM