Market Analysis Report

03 November 2017

Market Update

After hitting the $7,000 milestone, the Bitcoin price rose to a new all-time high of $7,381 today at 8:28 AM (UTC). This new record has also launched the total cryptocurrency market cap to a new all-time high of $200 Billion.

At press time, the Bitcoin price is sitting at $7,368 after rising 5.8% in the last 24 hours with over $1.5 B worth of BTC exchanged on the BTC/USD pair, representing a 28% share of daily volume, second to the JPY at 58.6%.

Currently sitting at $293.53, the Ethereum price has risen 4.6% in the last 24 hours, with over $150 M worth of Ethereum exchanged in the past 24 hours on the ETH/USD pair, which has a 25% market share of the daily trading volume.