Bitcoin has built significant momentum over the past 24 hours, and has been trading around the $11,000 mark. The demand for Bitcoin and other cryptocurrencies has been rising in the South Korean markets, as the “Kimchi Premium” reappeared on a few major cryptocurrency exchanges, including Bithumb and Korbit. Although the premium is only about 2 to 3%, which is significantly less than its rates in December which touched 50%, at one point in February, premium rates disappeared in South Korea due to a lack of demand and arbitrageurs closing the gap. The MVIS CryptoCompare top 100 index has dropped 4% in the last 24 hours to 5,406.29.
Top 10
Every top 10 coin by 24 hour volume has posted positive changes, ranging from 1.6 to 15.3%, in the last 24 hours. Ethereum Classic showed the biggest gain of 15.3% and is currently sitting at $37.3, with $60M worth of ETC traded in the ETC/USD pair.
Bitcoin Cash posted a gain of 2.86% in the last 24 hours and is currently sitting at $1,530, while Tronix showed a positive change of 6.42% at $0.053. Both EOS and NEO had a positive change in the last 24 hours, and are currently valued at $9.53 (+1.9%) and $134 (+5.9%) respectively.
BTC
At the Munich Security Conference in Germany, White House cybersecurity coordinator and special assistant to the president, Rob Joyce, emphasized the importance of taking a measured approach to Bitcoin and the cryptocurrency space. As opposed to rushing in with government regulation which could have unintended consequences. He stated that the US still has a long road ahead of it before it starts regulating the world’s first cryptocurrency.
At the time of writing, the Bitcoin price is sitting at $11,032 representing a gain of 4.82% in the last 24 hours. More than $1.1B worth of BTC were exchanged in the BTC/USD market representing a 20.6% share of global daily volume. The BTC/JPY pair represents a 54% share.
ETH
Last week, many Ethereum-based ICO projects and respective tokens have increased in value, mainly due to some optimistic reports from Switzerland. Swiss financial watchdog released a guideline on ICOs, with the intent of regulating ICOs with greater transparency. Given that most ICOs are based in Switzerland, the positive framework and guidance laid out in the report is good for the ICO ecosystem.
The Ethereum price has risen 2.7% over the past 24 hours and is currently sitting at $948, with over $250M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 25.7% market share of the global daily trading volume. The largest Ethereum pair was ETH/BTC with a 38.98% share.
LTC
The Litecoin price has risen 1.6% over the past 24 hours and is currently sitting at $223, with over $170M worth of LTC exchanged in the past 24 hours on the LTC/USD pair which has a 28% market share of the global daily trading volume.
The largest Litecoin pair was LTC/BTC with a 35.56% share.
XRP
The Ripple price has risen 3.6% over the past 24 hours and is currently sitting at $1.13, with over $70M worth of XRP exchanged in the past 24 hours on the XRP/USD pair which has a 16% market share of the global daily trading volume. The largest Ripple pair was XRP/KRW with a 48.45% share. 
