Green across the board following Binance reopening, ETH up almost 16%

15 May, 2019
by Richard Allen
Price Action
Green across the board following Binance reopening, ETH up almost 16%

It’s been about three hours since Binance reopened and now that the dust has settled a bit, it’s easier to determine how the market has reacted. 

And it's reacted quite well. Shortly after the news broke, Bitcoin took a slight dip, losing around 3% and slipping below $8,000. Since then, however, Bitcoin has just managed to make back any losses, currently trading $8,015.26.

It’s Ethereum that’s leading the top 10s, however, surging ahead with 15.90% in the green, bringing the value of ETH all the way to $239.66 at the time of writing. Coming in at a close second is, unsurprisingly, Binance Coin up 15.36%. BNB is now trading at $26.77, though according to data on Binance at the time of the reopening, BNB set a new all-time high crossing into $27.

Another notable top 10 earners include Cardano, up 9.80% to $0.08 and Stellar, trading at $0.122 – an increase of 8.76% over the last 24 hours. Bitcoin Cash is up 1.09% trading at $389. Its growth may have been hampered following news of a bug exploited during the planned upgrade.

Tezos is leading the top 20s with an astounding surge of 23.55%. XTZ is now trading at $1.70. Bitcoin SV is following close behind trading at $72.01, an impressive surge of 20.37%.

Ravencoin, which was leading the rally immediately after Binance reopened with gains of 37%, has dipped slightly, though still up 25.81% at the time of writing.

Total market cap is at $247.8 billion, with Bitcoin dominance at 57.2%.

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