Market sees green again, EOS bounces back over 10%

12 Dec, 2018
by David Robb
Price Action
Market sees green again, EOS bounces back over 10%

In a positive 24 hours for the crypto market, most of the top 20 coins started to claw back some of the huge losses they've made over the past week. EOS is up over 10 percent, while Bitcoin (BTC) is back above $3500 again. 

Total market cap/BTC dominance:

Total market capitalization is back up to $111.3 billion, down for the week but showing signs of a positive trend after hitting higher lows in the last 24 hours. BTC dominance is continuing to rise, now standing at 54.9%.

Bitcoin (BTC) - $3,515.74 (3.14%)

Image from Gyazo

If we told you a month ago that the BTC price being $3515 was good news, you probably would've disagreed, but here we are. After mostly red days for the past week, the top crypto is up over 3% and climbing back to its weekly high, possibly bouncing off a new support around $3400.

Top 10

EOS has seen the biggest gains, increasing in value by 10.41%. Litecoin (LTC) is also up 6.03 percent, and Ethereum (ETH) is up by 4.15%.

Tezos (XTZ) - $0.416835 (15.61%)

Image from Gyazo

A second price spike of the week for Tezos has seen it gain over 15 percent in the 24h period, taking it to its second highest level of the week.

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