Forward from: Crypto Banter Announcement Channel
Total Cryptocurrency Market Cap Touches a High of 2,168 Trillion While Bitcoin Hits $50,482 During the Week
The drop in Bitcoin volume may be due to the decision by China's Central Bank to reinstate the illegal status of BTC and other virtual coins in the territory. Bank officials have commented that cryptocurrencies are not backed by any real value, so any transaction made with virtual currency is just "pure hype."
Solana (SOL, $82.87) and Binance Coin (BNB, $477.96) are the best performers among the top 10 cryptocurrencies by market cap. SOLO gained about 15.49% while BNB rose about 11.73%.
https://coinidol.com/cryptocurrency-market-cap-hits-high/
The drop in Bitcoin volume may be due to the decision by China's Central Bank to reinstate the illegal status of BTC and other virtual coins in the territory. Bank officials have commented that cryptocurrencies are not backed by any real value, so any transaction made with virtual currency is just "pure hype."
Solana (SOL, $82.87) and Binance Coin (BNB, $477.96) are the best performers among the top 10 cryptocurrencies by market cap. SOLO gained about 15.49% while BNB rose about 11.73%.
https://coinidol.com/cryptocurrency-market-cap-hits-high/