Market Overview 5.3.| [BTC] + 0.26% [LINK] +7% [ETH] +0.4% – Link ignores Bitcoin and grew by 16% in March!

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March 5, 2020 cryptheory

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Market Overview 5.3.| [BTC] + 0.26% [LINK] +7% [ETH] +0.4% - Link ignores Bitcoin and grew by 16% in March!

Today we look at three coins. Specifically, it will be Ethereum, Chainlink and Bitcoin. Consolidation has continued for several days, but not for all coins.

Cryptocurrency market currently has a total market value of $ 250 billion. The decline from high in 2020 is $ 56 billion and bitcoin dominance is 63.7%.

The best growth yesterday was:

ABBC Coin (ABBC) $0,109696 USD (15,78%)

ABBC was followed by:

v.systems (VSYS) $0,053469 USD (14,05%)

Matic Network (MATIC) $0,025427 USD (12,89%)

Hedera Hashgraph (HBAR) $0,043328 USD (11,58%)

Komodo (KMD) $0,667963 USD (9,08%)

The biggest drop was recorded:

Synthetix Network Token (SNX) $0,771037 USD (-7,53%)

Bitcoin SV (BSV) $228,54 USD (-6,46%)

Ethereum Classic (ETC) $7,86 USD (-6,37%)

All datas are from coinmarketcap.com

[BTC / USD] In 2020 to present value: + 23%

Bitcoin could now rise to the closest resistance to $ 9,100, but as we can see, the bulls have weakened again today and are falling slightly, confirming the negative downward trend. We have the closest support at $ 8,500, where the bears are likely to drop it, but at the same time, they may not be happy with it, and their goal will be up to $ 8,000. The negative thing is that we always create low hight. This only applies to graphs since the decline from $ 10,500.

[LINK / USD] In 2020 to present value: +161.00%

Despite Bitcoin’s collapse, LINK is on its way. In 2020, we see an incredible 161% growth to the present value. So far, we have seen more than 17% growth in March. A few days ago LINK was added to Crypto.com, and it greatly helped this pump. We saw the previous high this year at $ 4.86 – but today we created a new high at $ 5.

[ETH / USD] In 2020 to the current value: +73.62%

Ethereum showed a nice bull run in 2020 and many investors had it in their viewfinder. Right now we have a 23% drop since the high. For 2020, we have a profit of up to 73%. We reached the high of 2020 at $ 290 and are currently at $ 222.