Bitcoin and Ethereum bounced off their bottom after a huge downturn, but will they continue? There will be an overview of yesterday.
Crypto market currently has a total market value of $ 170 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:
IOST (IOST) $0,003407 USD (7,45%)
Blockstack (STX) $0,087773 USD (6,65%)
Enjin Coin (ENJ) $0,075675 USD (4,26%)
Cosmos (ATOM) $2,14 USD (3,49%)
The biggest drop was recorded:
ABBC Coin (ABBC) $0,093172 USD (-6,57%)
Zcoin (XZC) $3,33 USD (-5,77%)
Steem (STEEM) $0,187440 USD (-5,29%)
KuCoin Shares (KCS) $1,12 USD (-6,53%)
All datas are from coinmarketcap.com
World markets yeterday
SP500: -4,34%. NASDAQ: -4%. OIL: -15,3%. GOLD +1,8%. DOW J. -4,5%
[BTC / USD] In 2020 to present value: -13.22%
Bitcoin dropped from $ 7,100 to $ 5,900 on Friday. This is most likely due to the negative closure of world markets. On Saturday we see a BTC price of $ 6,200. We have the closest support at $ 6,000 and the bulls are still holding it. Can we see the imaginary light at the end of the tunnel? I do not think. The slump in the markets, whether global or cryptocurrency, has created economic constraints around the world. If the situation with coronavir fails, these economic constraints will continue, with a further negative impact on the economy. The closest support for Bitcoin is at $ 6,000.
[ETH / USD] In 2020 to the current value: +2%
Ethereum fell by 2% yesterday. We are currently at $ 129. The closest support is 120 USD. Closest resistance to 158 USD. Since the top, we have fallen 53% from 288 USD.
Selected coins from top capitalization yesterday:
Bitcoin (BTC) $6 177,23 USD (-1,71%)
Ethereum (ETH) $131,97 USD (-1,99%)
XRP (XRP) $0,157134 USD (-2,29%)
Bitcoin Cash (BCH) $218,52 USD (-1,61%)
Litecoin (LTC) $38,16 USD (-2,20%)
[crypto coins=”BTC,ETH” columns=”2″]