Crypto Market Watch – Fresh Flush of Green As ETH Surge Continues

The crypto market is looking healthy today, Feb 18, with most of the top coins in green and the total market cap growing significantly over the weekend.

Between 23:55 UTC on Friday and press time, over $6 billion was injected into the total market cap with ETH leading gains among top cryptocurrencies.

BTC/USD

For the first time in a while, Bitcoin is seeing an increase in the weekly trading chart, around 2.9% while prices are sitting comfortably above $3700 at the moment. According to data from Coinmarketcap, the last time Bitcoin breached $3700 was almost a month ago on January 19.

Any consolidation above $3800 could be a stepping stone for the major cryptocurrency to target the $4000 mark in the coming weeks.

BTC market cap — $65.7 billion

ETH/USD

After reclaiming its spot as the second largest cryptocurrency by market cap, the value of ETH has continued to soar with over 14% gains in the last seven days. The altcoin is also the most significant gainer among the top ten coins within the last 24 hours (11% increase).

The value of ETH at press time was $138, a figure that was last seen on January 10. Ether’s current market cap now hovers around $14.4 billion.

XRP/USD

The value of Ripple’s native token has increased by just over 2% in the last 24 hours with prices hovering mainly between $0.29-$0.30.

Although some industry experts are tipping JP Morgan’s new cryptocurrency to rival XRP soon, the cross-border payments solution from the XRP team already have an edge and should see out the competition at least for the next few years.

XRP market cap is $12.7 billion.

LTC/USD

When the crypto market made a strong statement for overcoming the long bears last week, Litecoin (LTC) let the upward trend with gains over 20%. That, however, has not continued into new week as the altcoin is posting losses less than 1% on the weekly charts.

The value of LTC at press time was $44, a price similar to where the altcoin started in the previous week.

LTC market cap — $2.863 billion

EOS/USD

EOS have witnessed a progressive growth within the past week and in the hours leading up to press time. The altcoin has posted over 6% growth in the last seven days with just over 3% of those coming in the last 24 hours.

The value of EOS was $2.93 while only $300 million separating its market cap from that of Litecoin.

EOS market cap — $2.562 billion