Bitcoin on the new ATH until halving?
Welcome to our crypto market overview today.
In today’s market overview, we look at the biggest growth and decline from the top 100 capitalization. Will we see a new ATH in halving? How crazy can it be?
Check last Market Overview here
Yesterday, we reached a marketcap value of $ 245 billion (+ $ 22 billion in 1D), a drop of $ 61 billion from high 2020. This week we are recording a low of USD 220.15 billion and a high of USD 245.3 billion. Bitcoin rose from $ 6,550 to a high of $ 8,650 (7D). We are currently moving at $ 9,100. Bitcoin dominance stabilized at 64.6%.
The best growth yesterday was:
Streamr DATAcoin (DATA) $0,072568 USD (51,85%)
DigiByte (DGB) $0,014632 USD (27,10%)
Hyperion (HYN) $0,248745 USD (25,85%)
Quant (QNT) $5,61 USD (14,69%)
Unibright (UBT) $0,380826 USD (14,45%)
The biggest drop was recorded:
Seele-N (SEELE) $0,081618 USD (-4,42%)
Komodo (KMD) $0,540589 USD (-4,21%)
Hive (HIVE) $0,437825 USD (-2,33%)
All data is provided from coinmarketcap.com
World markets overview yeterday
SP500: 2,62 %. NASDAQ: 3,23 %. GOLD: -0,41 %. DOW J.: 2,25 %.
[BTC / USD] In 2020 to present value: +20,8%
Yesterday we could see a 12% pump on Bitcoin. This pump comes at a time when, for the third time in three weeks, we see a pump with a size of more than 10%. Every week, a whale bought a Bitcoin of such size that it pumped 10% higher, and yesterday was no exception.
The halving should be 12.05.20 and it is fast approaching. Many analysts are talking about $ 10,500 for Bitcoin, a return to high this year. But there is also a group of analysts who point to the daily average growth of Bitcoin and especially to an important thing. The number of Google searches with the word halving or Bitcoin is constantly growing and we have reached this year’s high.
The search is at this year’s maximum and it is predicted that the biggest show will be just before the halving. Analysts associate this with the new ATH just before the halving. Every week, the whale push Bitcoin 10% a day higher. That would mean we’ll get over $ 10,000 next week. If it continues like this until 12.05. we can also set a new goal of $ 10,500.
Analysts are betting on this and expect a wave of investor panic over the real madness of whether investors will be able to buy Bitcoin under $ 10,000. In 2017, we saw such hysteria over Bitcoin. Every hour was precious, and Bitcoin climbed to incredible heights.
Overview of coins from top capitalization yesterday:
Bitcoin (BTC) $8 658,22 USD (11,32%)
Ethereum (ETH) $217,24 USD (9,95%)
XRP (XRP) $0,226557 USD (8,10%)
Bitcoin Cash (BCH) $257,47 USD (6,20%)
Litecoin (LTC) $49,16 USD (9,34%)
[crypto coins=”BTC” columns=”2″]