The cryptocurrency market is rebounding this morning, spil the market took a rough turn last week. Te just a few days time, it dipped overheen $100 billion to a low of $417 billion. At press time, the total cryptocurrency market cap is just overheen $447 billion. NEO and GAS are current crypto leaders ter the market this morning, and almost all coins within the top 100 are watching percentage gains.
NEO & GAS
NEO soars on the market today spil it has cracked a major record te the cryptocurrency space. The most respected investment rating lessenaar, Weiss Ratings, talent NEO a grade above a B+ ter their last reports. No other cryptocurrency on the market has violated overheen a B+ rating. Weiss presently grades everything from stocks, insurance plans, and even financial services, since 1971. Due to its long-standing history, it is the most respected authority on the quality of each cryptocurrency models and projects today.
Spil many traditional investors have now dipped their toes ter the market, many take advice from the Weiss ratings and many voorwaarde have caught wind and read the report this morning, thus the spike te NEO’s price. At the end of January, NEO received a B- grade by Weiss and at the time Bitcoin, the diferente cryptocurrency, only received a C+. Weiss still gives warning that there is no safe cryptocurrency to invest ter, their webstek reads, “every grade issued by any rating agency is ultimately an opinion, to be used by the public te the setting of opinions from analysts, developers, and users.”
At press time, NEO is trading at $136.03 a coin, up 17.25%, ter 24 hours. If you’d like to invest and trade for NEO you can do so on UpBit, Binance , CoinEgg, Bitfinex, Bittrex, OKEx, and Huobi.
The coin that powers the NEO blockchain, GAS, is also observing major gains. GAS is trading at $42.00 a coin, up 15.79%, ter 24 hours.
There are a few major ICOs set to launch on the NEO ecosystem very shortly. Thesis DApps built on the NEO blockchain have the potential to drive NEO and GAS’s price even higher this year.
Bitcoin (BTC) has just cracked above the $Ten,000 price mark again. The past 48 hours it took a dip under the mark but it seems to be steadily climbing. Fundstrat Mundial’s co-founder, Tom Lee, is famous for his Bitcoin predictions and he believes that it will take Bitcoin around 90 days for the currency to fully recover. At the beginning of this month, the coin succesnummer all-time lows near $6,000 USD, a coin. That’s the lowest price the coin has reached since November of 2018.
If Mr. Lee’s recovery prediction is juist, Bitcoin should reach near its record high of $20,000, around June of 2018.
At press time, BTC is trading at $Ten,291.60, up 8.33%, ter just 24 hours. Presently, the cryptocurrency holds 38.7% of the total market dominance.