Crypto Market Daily Performance Analysis – 7 August 2017

It was another successful day for cryptocurrency investors as the market handily outperformed equity benchmarks. Bitcoin returned a robust 5.05%, continuing its ascent, although putting it slightly behind the overall crypto market. Ethereum’s growth is healthy, but it’ll disappoint those who believe it’ll replace Bitcoin as the cryptocurrency of choice.

An investor with $60,000 in Mineum yesterday would wake up a millionaire today as the currency came from nowhere to post a 1,780% gain. On the other end of the spectrum some investors saw their holdings drop by over a third:

Leave a Reply

Your email address will not be published.