Bitcoin SV and Enjin Coin FOMO Leads Crypto Markets Back Over $130 Billion

Bitcoin SV and Enjin Coin FOMO Leads Crypto Markets Back Over $130 Billion 1

Crypto markets have not tumbled further into the digital abyss as many had predicted. Instead they have made a slight rebound from Sunday’s epic dump in which $17 billion left the space.

Total crypto market capitalization is back over $130 billion after dumping to $128 billion yesterday. A number of crypto assets are making solid recoveries at the moment and among them is an unlikely contender; Bitcoin SV.

The Bitcoin Cash offshoot has been on a downward slide since its inception in November last year. Today however has seen BSV pump 15% from just over $60 to $74 before pulling back to currently levels around $71. BSV market cap has reached $1.3 billion which puts it very close to reclaiming that tenth spot back from Binance Coin which has lost over 5% on the day. Also falling back after a big surge last week is EOS which has shed a further 3.6% on the day back to $3.51.


Momentum is coming from a listing on Lithuanian based Coingape exchange and payments provider. It could have also had a boost from Bitcoin maximalist Kevin Pham defecting over to the Satoshi’s Vision camp after becoming disillusioned with the Bitcoin community.

Coinbase 3

Also getting a boost today is XRP which has just been listed on Coinbase Pro after a long wait. The Ripple token is trading 5.3% higher on the day at $0.321. The move has not been enough to catch up with Ethereum which is still $1.2 billion ahead in terms of market cap despite a minor fall below $140 today.

Bitcoin has remained stable above $3,850 and has inched up a little as it tests resistance at $3,900 once again. Failing to break past solid resistance at $4,200 indicates that BTC could be floating around this range for some time before another breakout occurs.

Most altcoins are trading green at the moment but gains are small and things appear to be leveling out in this channel for now. Litecoin and Bitcoin Cash have both nudged up a couple of percent during the day’s Asian trading session.

Today’s big mover is Enjin Coin which has surged an epic 138% in a fomo induced fury pushing the gaming based token to $0.10. Rumours around the possible collusion between Enjin Coin and Samsung’s new S10 crypto wallet to enable ERC-20 and ERC-1155 gaming token transfers have sent this altcoin to the moon.

Bitcoin SV and Enjin Coin FOMO Leads Crypto Markets Back Over $130 Billion 2
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 47,724.00
ethereum
Ethereum (ETH) $ 3,591.10
cardano
Cardano (ADA) $ 2.43
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 424.20
xrp
XRP (XRP) $ 1.10
solana
Solana (SOL) $ 155.59
polkadot
Polkadot (DOT) $ 34.99
dogecoin
Dogecoin (DOGE) $ 0.24034
usd-coin
USD Coin (USDC) $ 1.00
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 47,724.00
ethereumEthereum (ETH)
$ 3,591.10
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 635.22
litecoinLitecoin (LTC)
$ 188.50
bitcoinBitcoin (BTC)
40.362,81
ethereumEthereum (ETH)
3.037,19
tetherTether (USDT)
0,845755
bitcoin-cashBitcoin Cash (BCH)
537,24
litecoinLitecoin (LTC)
159,42
bitcoinBitcoin (BTC)
34,398.27
ethereumEthereum (ETH)
2,588.38
tetherTether (USDT)
0.720775
bitcoin-cashBitcoin Cash (BCH)
457.85
litecoinLitecoin (LTC)
135.87

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin47,662 0.27 % 0.67 % 3.42 %
Ethereum3,585.0 0.59 % 4.04 % 2.52 %
Cardano2.430 0.26 % 4.02 % 1.80 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin423.59 0.01 % 2.51 % 2.31 %
XRP1.100 0.04 % 0.16 % 0.69 %
Solana154.77 0.40 % 2.80 % 18.26 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2401 0.22 % 1.75 % 6.41 %
USD Coin1.000 0.27 % 0.06 % 0.10 %

bitcoin
Bitcoin (BTC) $ 47,724.00
ethereum
Ethereum (ETH) $ 3,591.10
cardano
Cardano (ADA) $ 2.43
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 424.20
xrp
XRP (XRP) $ 1.10
solana
Solana (SOL) $ 155.59
polkadot
Polkadot (DOT) $ 34.99
dogecoin
Dogecoin (DOGE) $ 0.24034
usd-coin
USD Coin (USDC) $ 1.00