Despite the Chinese ban on ICOs as well as hints that Russia may take new restrictive actions, Bitcoin has been able to regain poise in a relatively short period. Yesterday, Bitcoin was close to its all-time high of $5,000 set in early September. However, today the Bitcoin price rises a small percentage and seems like it is stabilizing.
At press time, the Bitcoin price is sitting at $4,799 and has risen 0.42% in the last 24 hours, with over $450M worth of BTC exchanged on the BTC/USD pair, representing a 25.3% share of daily volume, second only to the JPY at 60.6%.
Currently sitting at $300, the Ethereum price has risen to 1.4% in the last 24 hours, with over $75M worth of Ethereum exchanged in the past 24 hours on the ETH/USD pair, which has a 30% share of daily trading volume.
