HomeTodays NewsBitcoin, Bitcoin Cash, Binance Coin, Dash, Ontology exhibit double-digit rally in the past 24 hours
Bitcoin, Bitcoin Cash, Binance Coin, Dash, Ontology exhibit double-digit rally in the past 24 hours
May 14, 2019
The cryptocurrency market turned green, driving the collective market cap to over $230 billion. As the market flashed green, most of the top digital coins were nearing double-digit pumps. The Bitcoin bulls followed by subsequent upward surges recovered the market sentiment as altcoins followed suit.
Binance’s native token BNB emerged as a clear winner and was valued at $24.02 post rallying a massive 16.67% over the past 24-hours. At press time, the digital coin held a market cap of $3.39 billion and recorded a trading volume of $3.84 billion over the past 24-hours. BNB accumulated a significant amount of 27.88 trading volume via the trading pair BNB/BTC at Binance.
The king coin remained the second biggest gainer, surging by 12.68% and was priced at $7,794 breaking all the previous set resistances, at the press time. BTC’s market cap shot up to $ 137.9 billion and posted a 24-hour trading volume of $27.14 billion. The gold crypto continued to rise parabolically as XBT/USD trading pair contributed over 18% of the total volume in Bitmex.
The BCH also managed to post double-digit gains after pumping by 11.47% over the last 24 hours, which drove the coin to a price of $386.48. At press time, Bitcoin Cash held a market cap of $6.8 billion and registered a 24-hour trading volume of $3.68 billion. The digital coin via the trading pair BCH/USDT accumulated over 10% of the entire trading volume.
Ontology [ONT]: The twentieth largest coin on CoinMarketCap, ONT, held a market cap of $635.5 million and was priced at $1.29 following a rally of 11.14%. The coin recorded a 24-hour trading volume of 90.45 million. Additionally, the digital asset accounted for significant trading of 12.79% via pair ONT/USDT in 55 Global Markets.
With the bulls entering the market, Dash [DASH] noted a significant growth of 10.08%, over the last 24-hours, along with other altcoins. The digital coin was priced at $133.8 and held a market cap of $1.17 billion, at press time. The coin further recorded a 24-hour trading volume of $362.2 million. Besides, DASH/KRW held a major 43.47% of the entire DASH trade volume.
The latest bulls’ domination and the resultant upswing for the altcoins could potentially bring about increased institutional investments for the existing digital coins.