Crypto Markets Rise Led by Ethereum and Korea
The crypto markets have rallied with ethereum leading on a 12% increase in relation to bitcoin. Korean markets are in the ascendancy trading at a $19 or 6.7% premia to the USD markets at an equivalent value of $302 on a direct cross rate. Volumes have again increased with KRW at a 26% market share of trading.
The same premium is visible in Korea on the Bitcoin markets with direct price conversions showing a $150 premium or 6.3% differential. Volumes are not so dominated in terms of market share with Korea only showing a 9.6% portion - although this has increased significantly this year.
State of the Crypto
Bitcoin is up 5.8% at $2,543.30 with a volume of Ƀ 147,418 - $371m on the USD pairs.
Litecoin is up 4% against the dollar for the day at $39.61 and up 4% to Ƀ 0.01575 on volumes of Ƀ 12k.
Ether is up 11% against Bitcoin at Ƀ 0.1116 per Ether and up 17.6% against the dollar to $281.30 with average volume Ƀ 100k on the ETH/BTC pair.
Dash is up 6% at Ƀ 0.07195 with Ƀ 4955k volume and up 9.7% against the dollar at $177.8.
Ripple is up 0.6% to Ƀ 0.0001017 with volumes of Ƀ 9158k and up 6.98% against the dollar at $0.2561.
Zcash is up 2% for the day to Ƀ 0.1291 per ZEC and up 8% against the dollar to $324 with an average volume of Ƀ 6k for the 24 hour period.
Monero is up 11.94% against the dollar at $44.71 and up 4.5% against Bitcoin at Ƀ 0.01777 on volumes of Ƀ 2.6k.
Ether Classic is down 1% to Ƀ 0.007131 with volumes of Ƀ 9k and up 6% against the dollar at $17.95.
Stratis is up 17% to Ƀ 0.002628 on Ƀ 2.8k volume.
Waves is down 0.18% to Ƀ 0.001674 on Ƀ 807k volume.
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