Crypto market overview 24.4.|BTC, XLM
2 min readTable of Contents
Bitcoin showed impressive growth of 10.3% yesterday, adding $ 725. Stellar + 17%
Welcome to our market overview today.
In today’s crypto market overview, we look at Bitcoin, which added 10% growth and Stellar up 17%. Let’s look at the biggest jumpers of the day, as well as the biggest drops from the top 100 capitalization.
Check last Market Overview here
Crypto market currently has a total market value of $ 213 billion. The decline since the high in 2020 is $ 93 billion and bitcoin dominance is growing at 63.9%.
The best growth yesterday was:
Stellar (XLM) $0,063417 USD (16,98%)
Unibright (UBT) $0,244058 USD (16,37%)
DigiByte (DGB) $0,009873 USD (13,56%)
Hyperion (HYN) $0,148133 USD (13,35%)
Bytecoin (BCN) $0,000241 USD (6,68%)
The biggest drop was recorded:
Synthetix Network Token (SNX) $0,686756 USD (-5,42%)
Swipe (SXP) $0,590750 USD (-2,11%)
MaidSafeCoin (MAID) $0,108651 USD (-2,73%)
All data is provided from coinmarketcap.com
World markets overview yeterday
SP500: 0,52 %. NASDAQ: 0,35 %. GOLD: 0,9 %. DOW J.: 0,75 %
[BTC / USD] In 2020 to present value: +5,95%
After a long time, Bitcoin finally reached a positive level in 2020. At the same time, in 2020 we were already at 44% appreciation. We recorded a high of 10,500 USD. Currently, Bitcoin reached $ 7,700 yesterday, when it created a $ 725 pump with a size of 10.31%. The same pump was last week.
The whole speculation is that someone buys more BTC in regular cycles before halving. The bullish channel you see on the chart could lead Bitcoin to $ 9,100. The nearest support is at 7,300 USD and then below 7,000 USD. We see resistance at $ 7,700, where we stopped yesterday
[XLM / USD] In 2020 to present value: + 43%
The biggest winner of yesterday is definitely Stellar with up to 17% growth. This growth on the chart also broke the uptrend channel and is out of TA. Such a growth will only cause a significant foundation, and it was officially announced last night as well. This is an improvement on the new Core update for Stellar.
We didn’t learn much from their statements, only that they were going to make improvements to Stellar that we hadn’t seen in a long time. Stellar has officially announced several updates, but according to them, what is to come with the new Core update will change the whole view of investors on Stellar.
Many secrets about XLM and many promises for potential investors have definitely come out yesterday and 17% growth is impressive on the chart. Growth stopped at $ 0.66. The nearest support will be at $ 0.55. Of course, we expect a smaller cooling on the XLM after such a pump and maybe it will get to its support up to $ 0.55 in the coming days. But there is finally some excitement around XLM, which could attract even larger fish.
Overview of coins from top capitalization yesterday:
Bitcoin (BTC) $7 448,93 USD (4,49%)
Ethereum (ETH) $188,07 USD (2,84%)
XRP (XRP) $0,193310 USD (2,42%)
Bitcoin Cash (BCH) $239,00 USD (2,34%)
Current price
[crypto coins=”BTC,XLM” columns=”2″]
