Markets Update: Cryptocurrencies See Big Gains After New Year's DayThe second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days. Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges. However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 percent during the morning of January 2.

Cryptocurrency markets, in general, have dipped in value over the past week and a half seeing record lows compared to last year’s phenomenal gains. However, following New Year’s day digital asset markets are starting to creep northbound once again. After yesterday’s average of $13,400 per token, BTC/USD markets are now trying to forge past the $14,000 zone, but bulls have been hitting resistance. Volume is very high at the moment as bitcoin core markets are commanding over $18Bn in trade volume over the past 24-hours. The top exchanges swapping the most BTC on January 2 include Binance, Bitfinex, Okex, Hitbtc, and GDAX.

See Rest of Story at Bitcoin.com Story by Jamie Redman

 

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