Crypto markets have pumped to a new 2019 high; Ontology, Ethereum and EOS are flying, Binance Coin slowing down.
Contrary to predictions, crypto markets have actually not pulled back and had actually collected momentum and made more gains today. The huge cap cryptos have actually broken key resistance levels and things are looking positive at the moment as overall market capitalization reaches a brand-new 2019 high at over $140 billion.
Around 12 hours ago Bitcoin finally broke through the $4,000 resistance barrier and made another rise to $4,200 before drawing back slightly. The move represents a 5% gain on the day as volume cranked as much as over $9 billion. BTC has now reached the important 200MA and another benefit break through this would be very bullish.
Ethereum is again one of the top performers with an 11% pump to break through $150 and settle at $165, its greatest level since mid-November last year. Over the past week, ETH volume has actually reached its highest levels for over a year as it tops $5 billion. XRP has not taken pleasure in a similar pump and has actually only made 5% expanding the gap in between them to over $3 billion now.
EOS is likewise having a huge pump in the leading ten today as it rises 12% to reach $4.30. Bitcoin Cash has actually added 9% to pull it back over $150 again and Litecoin keeps moving with another 7% included throughout today’s Asian trading session. Binance Coin as typical has actually done the opposite and remained lethargic with no real gains during this rally.
Big movers in the leading twenty are NEO and Maker with 13% included each taking their prices to $10 and $755 respectively. Ontology has actually surged back into this area with an enormous pump of 25% on the day. NEM and Monero likewise going strong with 9% included each.
Aside from ONT a huge fomo pump of 55% has actually pushed S4FE into the top one hundred. Loom Network and Electroneum are likewise getting a few of that action today pumping 16% each. There are no altcoins discarding at the moment and the only red on the boards is from stablecoins.
Total market capitalization has actually reached a new 2019 high as $10 billion gets pumped in shifting them 6.7% on the day. There is now talk of the commencement of a healing as market cap tops $143 billion, the greatest it has actually been for two months. Daily volume is back over $30 billion again and things are looking really bullish in crypto land this Sunday.
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