Daily Berminal Brief (8/27/18): IOTA and ICON Gain More Than 20% While Bitcoin Leaps to $6,785…

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The State of the Market: After a weekend of incredibly tight consolidation, Bitcoin popped to $6,785 on Monday. This brings the King of Cryptocurrencies close to a crucial resistance at $6,800 and a high volume move above this level could open the door for gains above $7,000. In other news, IOTA surged 21% on the news of a solid partnership with Fujitsu and ICON (ICX) leapt 25% as news of a coin buy back and ICX protocol being used on a large-scale government project in South Korea reached the press. Currently the cryptocurrency market capitalization stands at $218 billion.