RATE Group | Ethereum Soars 18% Back over $200, Bitcoin Regains $6,500 Mark
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Ethereum Soars 18% Back over $200, Bitcoin Regains $6,500 Mark

Ethereum Soars 18% Back over $200, Bitcoin Regains $6,500 Mark

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Thursday, September 13: total market cap has soared by almost $12 billion today, as a flush of green spreads across virtually all of the top 100 cryptoassets.

Several  top 20 cryptocurrencies are seeing double digit gains, with Ethereum (ETH) leading the pack, up over 18 percent on the day, as data from Coin360 shows.

Market visualization by Coin360

Ethereum has skyrocketed almost 20 percent on the day to trade at $207 at press time. After accelerated losses yesterday, September 12, saw the top alt sink below the $170 mark to post new 2018 lows, Ethereum has today rapidly recovered back to September 9 levels, reversing several days of declining value.

Ethereum nonetheless remains down around 9 percent on its weekly chat, and over 35 percent down on the month.

Recent comments by Ethereum co-founder Vitalik Buterin that the days of “1,000-times growth” growth in the crypto space are over left their mark on cryptosphere sentiment this week, prompting Buterin to publicly deny claims he…

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