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Market overview 20.3. | BTC + 18.5% KMD + 78% - Harvest as in summer! Bitcoin over $ 6,000

Today we look at Komodo, which recorded up to 78% growth yesterday. Bitcoin got over $ 6,000, but can it stay there?

Cryptocurrency market currently has a total market value of $ 175 billion. Since yesterday’s overview, we have seen growth of $ 25 billion. The decline from high in 2020 is $ 131 billion and bitcoin dominance is 64.9%.

The best growth yesterday was:

Numeraire (NMR) $14,11 USD (185,33%)

Komodo (KMD) $0,534406 USD (78,40%)

Steem (STEEM) $0,293032 USD (57,67%)

Status (SNT) $0,013625 USD (54,94%)

Enjin Coin (ENJ) $0,074829 USD (51,56%)

The biggest drop was recorded:

Yesterday we see only 1 coin of the top 100 coins by capitalization in red numbers. The market experienced an incredibly large growth after Bitcoin successfully bounced up and took a large number of altcoins. It is also green on world markets and it is reaffirmed that it is related.

Bytecoin (BCN) $0,000220 USD (-4,32%)

All datas are from coinmarketcap.com

World markets yeterday

SP500: +0,54%. NASDAQ: +2,54%. OIL: +23,9%. GOLD -1%. DOW J. +0,16%

NASDAQ performed quite well yesterday and we see a slight increase of several percent. The market has stopped bleeding and is apparently responding today to the very positive news that China has reported zero new cases of coronavirus infection in the last 24 hours.

[BTC / USD] In 2020 to present value: -13.41%

Bitcoin successfully broke through $ 6,000. We are currently at 6,200 and are in the resistance zone. If we keep these values, we can grow to $ 7,700, where there is further resistance. But watch out for the weekend! On Sundays, it may be down again, because on Monday will open the world stock exchanges. Probably this week we will see consolidation or even growth. The favorable news that has come today has also led to growth in world markets.

[KMD / USD] In 2020 to present value: -23%

Komodo shone with 78% growth today. If we look at the KMD chart and the BTC chart, we see a rather similar triangle on it. Needless to say, if BTC grows, KMD will also be in much larger percentage gains. But I am afraid that after yesterday’s growth, market can get a little bit in the nose today and we will see a slight slump. Current resistance is 0.49 USD. The current value of the coin is $ 0.38. The closest support is then $ 0.27.