Market overview 7.4.| Bull run madness on Altcoins and Bitcoin – Ethereum broke off the chain!
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Yesterday, a real bull run madness started on the market. Bitcoin and Ether tore off the chain and we see huge growth. Almost the entire market of the top 100 capitalization is in green numbers.
Cryptocurrency market currently has a total market value of $ 203 billion. The decline from high in 2020 is $ 103 billion and bitcoin dominance is 65.1%.
The best growth yesterday was:
Stellar (XLM) $0,048845 USD (15,88%)
Ethereum (ETH) $163,88 USD (14,28%)
DxChain Token (DX) $0,001493 USD (13,89%)
DigixDAO (DGD) $30,93 USD (13,97%)
Cosmos (ATOM) $2,34 USD (13,99%)
The biggest drop was recorded:
Swipe (SXP) $0,785690 USD (-3,23%)
Numeraire (NMR) $16,88 USD (-0,08%)
World markets yeterday
SP500: 5,52 %. NASDAQ: 5,55 %. GOLD: 2,67 %. DOW J.: 5,72 %
[BTC / USD] In 2020 to present value: +0,5%
Bitcoin, which pulled off from $ 6,850 and currently stands at $ 7,150, responded to the good stock and index market movement, with a significant resistance at $ 7,000. If the bullish mood does not fade, we will probably see Bitcoin rise to $ 7,700, where there is another resistance. Reaching this level could be seen this week.
If we stay well above the $ 7,000 long enough, the prospects for reaching $ 7,700 are quite favorable this week. The situation is a bit like last week, when we opened a trading week on world markets with the same pump. We saw huge growth on Monday, but it was almost completely erased on Tuesday. It is necessary to take SL (stop loss) and watch closely the fractal similarity of the charts from last week.
[ETH / USD] In 2020 to present value: + 30%
Ethereum in massive growth. In 2020, it has already pulled up to 30% appreciation. We are currently at $ 170. As we can see in the graph, we have broken through resistance levels in a big style. The next closest resistance will be at $ 182. In 2020, ETH was already at $ 287. We now have the opportunity to return to the high of 2020.
Selected coins from top capitalization yesterday:
Bitcoin (BTC) $7 168,07 USD (5,71%)
Ethereum (ETH) $163,56 USD (14,06%)
XRP (XRP) $0,192867 USD (7,73%)
Bitcoin Cash (BCH) $254,73 USD (9,84%)
Litecoin (LTC) $44,27 USD (9,63%)
Current price
[crypto coins=”BTC,ETH” columns=”2″]
