The markets are finally bouncing back, all thanks to a new green wave which triggered an upwards price movement after sideways trading for most part of the day. As the Bitcoin and altcoin news show, most of the cryptocurrencies have recovered and are showing impressive price movements.
Bitcoin (BTC), for example, is showing a positive scenario. After trading close to $9,700 most of the day yesterday, the number one cryptocurrency is right now trading at $10,400 which means that it is up by around 7% on the day.
In the coming altcoin news, we can see the green wave too – and see that it managed to push the Ether (ETH) price by around 4% to reach $177. Ripple’s XRP token also rose by 1.52% and reached $0.2593 which is a solid level for the cryptocurrency. As the list progresses, we have Bitcoin Cash (BCH), Litecoin (LTC) and Binance Coin (BNB) which are all with gains. Speaking of, BNB has rose by 5.66% and reached $22.57 which is another important level for this altcoin today.
The new green wave has triggered a lot of coins to rise. A lot of them have been picking up momentum and trading steadily throughout the week. The gains now are just a couple of percentage points for most of them – but are expected to increase in the near term.
XRP, for example, has been a major underperformer among the top coins in 2019. According to experts and their opinions on many best cryptocurrency news sites, the reason why was the consistent selling of XRP tokens by its founders. However, the new green wave has triggered XRP to rise again and post new gains.
Among the top 20 cryptocurrencies by market cap, Ethereum Classic (ETC) has seen a notable upward tick – and managed to surge by over 8% to trade at $6.72 at press time. Binance Coin (BNB) has been the second best performer with its close to 6% gains. Bitcoin Cash (BCH) and Bitcoin SV (BSV) are next in the top performing list, recording gains by more than 4% in the latest cryptocurrency news.
The overall cryptocurrency market cap is at $264 billion and the 24 hour trading volume has increased to $58 billion. Bitcoin’s dominance has finally hit the 70.1% mark and is now most dominant this month.
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