RATE Group | Cryptocurrency Trade Volume Reaches 11 Week High
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Cryptocurrency Trade Volume Reaches 11 Week High

28 Jul Cryptocurrency Trade Volume Reaches 11 Week High

Posted at 10:45h in Cryptocurrency News by

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Markets are recovering from a two day correction; Stellar, Binance Coin, 0x, and Pivx performing well.

As we enter the weekend markets have rebounded slightly and are heading back towards $300 billion. Following a correction that saw $15 billion leave the markets things are slowly heading back upwards and most cryptos are in the green this morning. Daily trade volume has passed $26 billion, its highest level for 11 weeks.

Bitcoin has regained 3.3% on the day and is trading at just over $8,200. The correction appears to have been short lived and further gains could be possible. Ethereum has also recovered slightly with a small gain of 1.4% to trade at $470.

All altcoins are in the green at the moment and Stellar is the best performer in the top ten with a 5% gain to $0.321. Since last Saturday XLM has climbed 16.7% from $0.275, boosted by a new partnerships and positive sentiment. Aside from Bitcoin all other altcoins are up between 1 and 3 percent at the moment.

Looking at the top…

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