Crypto Markets Gain $25 Bln Over the Week, Ethereum Price Above $600

Crypto Markets Gain $25 Bln Over the Week, Ethereum Price Above $600

Crypto markets have gained $25 bln over the past 7 days, with all of top ten coins by market cap in the green.

Sunday, June 3: over the past 7 days, the total capitalization of crypto markets has increased by as much as $25 bln, with all of the top ten cryptocurrencies listed on Coinmarketcap (CMC) currently in the green.

COIN360

Market visualization from Coin360

Bitcoin (BTC) is slightly up today, currently trading at $7,704, having gained about 1 percent in 24 hours to press time and around 6 percent over the week. However, the cryptocurrency is still down 17 percent over the last month.

Bitcoin price chart

Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) has gained around 5 percent over the 24-hour period, which places it above the $600 mark - the coin is trading at $621 as of press time.

Ethereum price chart

Ethereum price chart. Source: Cointelegraph Ethereum Price Index

Total crypto market capitalization is currently just under $353 bln, having gained around $25 bln, or 8 percent over the past 7 days.

Total market capitalization chart

Total market capitalization chart. Source: Coinmarketcap

Bitcoin Cash has seen the largest gains over the past 24 hours out of the top-10 coins by market cap, up around 11 percent. The currency is trading at $1,158 at press time, according to Coinmarketcap.

EOS continues growing steadily, up around 7 percent in 24 hours to press time, with an 18 percent increase in value over the week. The coin is currently trading at $15. Yesterday, EOS has skyrocketed by as much as 27 percent, following the release of EOSIO 1.0 blockchain and the announcement of a partnership with investment firm SVK Crypto to launch a $50 mln fund to support the development of the EOSIO “ecosystem.”

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