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Bitcoin dropped slightly, but it’s nothing big. The market was divided into 2 camps, where one talks about massive growth and the other talks about a slump.
Crypto markets currently has a total market value of $ 260 billion. The decline from high in 2020 is $ 46 billion and bitcoin dominance is 63.5%.
The best growth yesterday was:
Hedera Hashgraph (HBAR) $0,054205 USD (25,75%)
HBAR was followed by:
WAX (WAXP) $0,058813 USD (24,22%)
Waves (WAVES) $1,34 USD (8,48%)
WaykiChain (WICC) $0,253755 USD (8,12%)
Zilliqa (ZIL) $0,006847 USD (8,98%)
The biggest drop was recorded:
Synthetix Network Token (SNX) $0,668359 USD (-13,19%)
iExec RLC (RLC) $0,597773 USD (-8,32%)
Matic Network (MATIC) $0,025085 USD (-7,99%)
ABBC Coin (ABBC) $0,124220 USD (-5,95%)
All datas are from coinmarketcap.com
World markets yeterday
SAP 500: -3,39%
DOW J.: -3,58%
NASDAQ: -3%
GOLD: +0,89%
[BTC / USD] In 2020 to present value: + 25%
Bitcoin is currently above $ 9,000, where support is currently available. This support must be maintained by the bulls if they want to continue their journey northwards. The path to growth will be opened to $ 9,500, where we see the closest resistance. The resistance at 9,500 is really strong, as we saw in the previous month. At the same time, this area will represent $ 1,000 growth since the last fall to $ 8,500.
[ETH / USD] In 2020 to present value: + 82%
Let’s see how Ethereum was doing yesterday. We added 2% to the growth yesterday and we will show the most important ones in the graph. Like Bitcoin, Ethereum stopped its slump and bounced off the support we had drawn at $ 216. We are currently moving at $ 245 and soon (according to our analysts) there could be more movement in the candle. The graph indicates that this could be upwards. Bitcoin could reach $ 9,500 next week, and Ethereum could reach $ 249, where we see the shortest resistance.
Current prices
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- Tough Blow for Bitcoin: No US Interest Rate Cuts Anytime Soon - February 5, 2025
- Texas Governor: Establishing a Bitcoin Reserve is a Top Priority for 2025 - January 30, 2025
- Ross Ulbricht Released After 12 Years with a Crypto Wallet Worth $47 Million - January 24, 2025