This week has offered yet another bull run for a lot of digital currencies in the market, including the largest digital currency in the world – Bitcoin (BTC). The tenth largest digital currency in the world – IOTA (MIOTA), has also seen a significant increase in its value over the past seven days. The recent bull run in the crypto space has caused the value of IOTA (MIOTA) to increase by 40.32 percent over the past seven days at the time of writing.
IOTA (MIOTA) Price Today – MIOTA / USD
At the time of writing, IOTA (MIOTA) is trading at $0.73 after an increase of about four percent over the past twenty-four hours and an increase of 40.32 percent over the past seven days. The current market cap of the digital currency is $2.04 billion and its trading volume over the past twenty-four hours is $54.27 million.
The Effect of the Bull Run across the Crypto Market
IOTA (MIOTA) is directly behind Dogecoin, which has seen an increase of 139.4 percent over the past seven days and an increase of 54 percent over the past twenty-four hours. The next in line is DASH (DASH) with an increase of 39 percent over the past seven days.
Last week, IOTA (MIOTA) started off with a trading volume of 50 cents and a market cap of $1.4 billion. Since then, the digital currency has been responding to the bulls. The increase in the value of the digital currency can be seen in a positive connection with the launch of the much anticipated Trinity Desktop Beta Wallet on August 25th.
On the 29th of August, IOTA (MIOTA) saw a sharp increase in its value towards the 80 cents mark. Nevertheless, the digital currency was capped on the upside and declined to the 73 cents level, which is its current value. Nevertheless, the market cap of the digital currency has increased significantly over the past week, rising to $2.04 billion from $1.4 billion.