Crypto Markets Making Strong Moves, Bitcoin Shows Heavy Volume

Investing, News | November 7, 2018 By:

Most of the crypto markets are making a move upward this morning, led by the two market cap leaders. Today, in early trading, bitcoin surged to the $6,500 level on extremely heavy volume, with ether also gaining more than two percent on strong volume.

Bitcoin Cash continued its recent surge, now well over the magic $600 mark and showing no signs of stopping as investors look to its potential. The coin has been on a roll since news arrived that it has tokenization and smart contract capabilities.

Among the outliers, EOS was down a tenth of a percent, seemingly surviving the scathing report issued by Whiteblock and ConsenSys that questioned whether it was even a blockchain.