Ethereum prices jumped more than 4% today (June 15) thanks to comments from the Securities & Exchange Commission (SEC).
Yesterday, the U.S. financial agency's director of corporate finance made statements at the Yahoo Finance "All Markets Summit: Crypto" that made the crypto community feel bullish about ETH.
Here is a recap of the top five cryptocurrencies by market cap as of 12:30 p.m. EST:
Cryptocurrency | Market Cap | Price | Change (24h) |
Bitcoin (BTC) | $112,779,432,259 | $6,597.29 | 1.54% |
Ethereum (ETH) | $51,054,297,252 | $510.07 | 4.36% |
Ripple (XRP) | $21,710,031,604 | $0.55 | 1.71% |
Bitcoin Cash (BCH) | $15,042,891,294 | $875.35 | 1.25% |
EOS (EOS) | $9,923,780,246 | $11.07 | 7.43% |
Now, let's take a closer look at today's Money Morning cryptocurrency insight, the most important cryptocurrency updates you need to know...
Companies are adding "blockchain" to their names in hopes of attracting new investors trying to play the $284 billion market.
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About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.