Crypto market overview 31.8.|Bitcoin strengthened its position over the weekend!
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Welcome to our crypto market overview 31.8.
Bitcoin is currently hovering at $ 11,600. We already see “only” a drop of more than $ 700 in 30 days. Bitcoin has grown over the weekend, strengthening its position in support of $ 11,300. But we are still moving in the triangle.
Yesterday, we reached a marketcap worth of $ 368 billion. This week we are recording a low of USD 348 billion and a high of USD 369 billion. At Bitcoin, we have a low at $ 11,230 over the same period. High on Bitcoin at $ 11,790. We are currently trading at $ 11,622 for one BTC coin. Bitcoin dominance is declining at 59.2%.
Last crypto market overview here.
Overview of coins from top capitalization yesterday:
Bitcoin (BTC) $11 622,71 USD (0,95%)
The best growth yesterday was:
Ampleforth (AMPL) $1,59 USD (55,73%)
NXM (NXM) $72,87 USD (52,40%)
DFI.Money (YFII) $4 799,38 USD (49,38%)
UMA (UMA) $15,12 USD (39,43%)
The biggest drop was recorded:
Storj (STORJ) $0,640629 USD (-12,52%)
Kusama (KSM) $32,72 USD (-7,04%)
Siacoin (SC) $0,004727 USD (-6,28%)
All data is provided from coinmarketcap.com
World markets overview yeterday:
SP500: 0,41 %. NASDAQ: 0,06 %. GOLD: 1,28 %. DOW J.: 0,81 %.
[BTC / USD] In 2020 to present value: 62,85%
Currently we see Bitcoin at 11,622 USD. On Sunday it gained 1.42% and during the weekend it is a total of + 4.6%. Bitcoin bounced back from support on $ 11,100. A momentary look at the chart shows us that we have room to grow to $ 11,800. The graph shows the triangle again, and following the example from the previous cycle, we can expect a long-term movement in such a defined space. Within the length of the triangle, we can expect a movement between 11,100 – 11,800 USD and several weeks or months. Investors are still bullish on Bitcoin, which is confirmed by the trend support line. If Bitcoin maintains this line, investors will still be bullish.
Thank you for your time and reading crypto market overview 31.8.
