The bitcoin price has today surged to its highest level since January a year ago, as the flagship cryptocurrency's surge shows little indication of ending. FoldingCoin has a market capitalization of $684,328.00 and approximately $1,784.00 worth of FoldingCoin was traded on exchanges in the last day.
CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
Steem (STEEM) traded 3.3% higher against the dollar and now trades at $0.40 or 0.00003830 BTC.
BTC continues to post impressive results up 40 percent in the month of June alone, while its year-to-year performance is up by more than 250 percent, according to data at Messari.io.More news: Leonardo DiCaprio raises awareness on water crisis in Chennai in Insta post
XRP is still on a short-term buy signal in our trend model, while also remaining on a long-term sell signal, but traders should still focus on the relatively stronger coins, especially at this mature stage of the rally.
Bitcoin SV (BSV) also took a hammering and was down considerably from a high of $240 on Wednesday to around $210 at press time on Thursday-a drop of 11%, although the coin had crashed below the $200 mark at one point. An initial support is near the 0.0260BTC level, below which ETH could even trade towards the 0.0250BTC level in the near term.
Monero (XMR) traded 4.2% lower against the dollar and now trades at $109.99 or 0.00856981 BTC.
Bitcoin Gold (BTG) traded 0.4% lower against the dollar and now trades at $30.29 or 0.00266449 BTC.More news: Boeing faces fresh delay getting 737 Max back in the air
UNUS SED LEO (LEO) traded up 1.3% against the dollar and now trades at $1.91 or 0.00016825 BTC.
Dogecoin (DOGE) traded down 0.4% against the dollar and now trades at $0.0033 or 0.00000026 BTC.
FoldingCoin is a proof-of-work (PoW) token that uses the Stanford Folding hashing algorithm. It launched on August 1st, 2017. The official website for Bitcoin Cash is www.bitcoincash.org. Bitcoin's trajectory, however, appears to be largely decoupled from news - just like it was two years ago. Still, deteriorating emerging market currencies and the widespread media coverage of the cryptocurrency market with the arrival of Facebook's Libra may continue to provide a tailwind for Bitcoin and other cryptocurrencies.
Bitcoin rival litecoin is scheduled for a halvening in 2020, while bitcoin itself will see its reward to bitcoin miners cut next May.More news: Ex-Trump aide Manafort pleads not guilty to NY charges