Crypto Market Wrap: Bitcoin Driving Momentum as Dominance Hits 2 Month High

Crypto markets are back in the green; Bitcoin leading them, Monero, Tezos and BAT top performers.

Market Wrap

Crypto markets are back in the green following a day that looked like a bigger dump was about to unfold. Markets had the jitters following the Binance BSV bashing but they quickly recovered and $5 billion or so has returned to crypto assets pushing total capitalization back over $175 billion again.

Bitcoin is leading the charge as it jumps over 3 percent to reach a five day high of $5,270 before a minor retreat. The next major resistance level for BTC is at $5,400 where it hit last Thursday. A break through this will lead on to higher highs and the rest of the market is likely to follow.

Ethereum has mirrored the gains of its big brother with 3 percent also to reach $167. There have been no independent movements for ETH since the rally a week ago. It is playing the digital sheep right now and copying Bitcoin.

The top ten is pretty much all in the green during the day’s…

Read Full Story : NewsBTC

2019-04-17 07:00:06

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Written by Newsbtc

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