Crypto market overview 7.5.|BTC Day H in 5 days.

Table of Contents

(Un) achievable $ 10,000?

Welcome to our crypto market overview today.

On Monday next week, we have D-Day, or in this case, H-Day. Halving is fast approaching, and investors don’t have much room to grow to $ 10,000. Bitcoin was on $ 9,400 yesterday, but the bears pulled it down again.

Yesterday, we reached a marketcap value of $ 256 billion (+ $ 10 billion in 1D), a drop of $ 50 billion from high 2020. This week we are recording a low of USD 240 billion and a high of USD 256 billion. Bitcoin rose this week from $ 8,660 to a high of $ 9,400. Bitcoin dominance is growing and now stands at 66.6%.

The best growth yesterday was:

ReddCoin (RDD) $0,001420 USD (37,59%)

Numeraire (NMR) $30,26 USD (29,32%)

DigiByte (DGB) $0,025691 USD (17,72%)

Chiliz (CHZ) $0,010876 USD (17,46%)

Verge (XVG) $0,003630 USD (16,10%)

The biggest drop was recorded:

Hyperion (HYN) $0,480896 USD (-14,07%)

Hive (HIVE) $0,377552 USD (-6,58%)

Holo (HOT) $0,000531 USD (-4,89%)

All data is provided from coinmarketcap.com

World markets overview yeterday

SP500: +0,02 %. NASDAQ: +1,24 %. GOLD: -0,94 %. DOW J.: -0,23 %.

[BTC / USD] In 2020 to present value: +23,2%

Yesterday was very important for Bitcoin. After we reached a high of $ 9,450 in 75 days and fell on Bitcoin, many people no longer believed that Bitcoin could grow above the $ 9,100 resistance until halving. Yesterday, Bitcoin pulled everyone out of doubts, we get to a high of $ 9,400.

The time is definitely shortening, because the last weeks have been weak movements on the weekend, so we do not expect growth this weekend or large upward movements. We have 2 days to reach $ 10,000 and it seems to be a utopia. We will probably have to settle for Bitcoin at values just below $ 9,500. Yesterday we saw growth from a low of $ 8,910 to 5.3%, but expectations were probably higher. On Monday next week we will have halving and there will probably not be much room for manipulation upwards.