IOTA, Ethereum (ETH), & Bytecoin Lead the Crypto Market

IOTA, Ethereum (ETH), & Bytecoin – The cryptocurrency market is riding the line today, as most coins are just barely in the red. The total market cap is currently hovering slightly over $430 billion. Bitcoin (BTC) is currently trading just over $9,000 and is holding around 36% of the market dominance.

Let’s take a closer look at the coins that are leading the top 20 today.

IOTA (MIOTA)

Source: CoinMarketCap

As you can see from the chart above, MIOTA had a sharp price increase early this morning but has since corrected.

It seems that Huobi will start trading IOTA tomorrow on its trading platform. This may be the reason for its spike, even though it had been announced for an earlier date and then delayed.

A few hours later, the IOTA Foundation announced its newest member after the coin had already risen and then corrected.

At press time, MIOTA is trading at $2.38 a coin, up 10.48%, in 24 hours.

>> NYSE Eyes Trading Bitcoin (BTC)

Ethereum (ETH)

Ethereum (ETH)

Source: CoinMarketCap

As you can see from the chart above, Ethereum has had quite the bullish month. While its scaling solution has yet to be completed, many projects are diligently working on it. It seems investors have gained confidence in the Ethereum Foundation and its platform.

ETH is currently trading at $734.50 a coin, up 1.41%, in 24 hours. For the week, ETH is up just over 13% and for the month, it is up almost 85%.

Bytecoin (BCN)

Bytecoin (BCN), the 17th largest cryptocurrency, is leading the top 100 cryptocurrencies by a large margin today.

Early this morning, Binance listed Bytecoin on its exchange.

Source: CoinMarketCap

The coin spiked nearly 170% immediately after the announcement. Since, the coin has corrected and is currently trading at $0.0114 a coin, up 68.68%, in 24 hours.

Bytecoin is a privacy coin, similar to Monero and Verge.

Featured Image: Play

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