Basic Attention Token market update: BAT/USD shows bullish signs
The BAT/USD trading pair is about 2% down on the day, though sentiment remains bullish given spot trading volume and transaction count are rising
Most of the altcoin market is trading lower as of press time, with leading altcoins Ethereum, Ripple, Bitcoin Cash and Litecoin all turning red on the hourly charts. The same picture is replicated by ERC-20 tokens, with Basic Attention Token trading lower at 2% and 1.75% down in the past 24 hours respectively.
According to data from Coin360, Basic Attention Token has a market cap of $370 million and just under $16 million worth of the token has been traded in the past 24 hours. BAT/USD currently trades at $0.252 on most major exchanges, although the token’s price has spiked over 8% on US crypto exchange Gemini.
