Crypto Market Wrap: EOS Leading Altcoin Resurgence, About to Flip BCH

Crypto markets back up today; EOS and Binance Coin leading, Ontology and Tezos close behind.

Market Wrap

There was doubt of a dump yesterday, looming like dark clouds on the horizon, however a stiff breeze has cleared them out and crypto markets remain buoyant for another day. The brief dip below $180 billion in market capitalization was recovered and no correction has occurred yet.

Bitcoin is still holding on to $5,200 where it has consolidated for the past few days. It dropped to an intraday low of $5,170 but recovered quickly and is currently trading a little higher on the day at $5,250. BTC appears to be heading back to its micro resistance level of $5,300 to test it again.

Ethereum is back up at $180 after posting a gain of almost 3% on the day. At the moment ETH is mirroring what big brother does so that is the one to watch. Both are approaching strong technical resistance levels though.

The rest of the top ten is mostly green today recovering from yesterday’s losses….

Read Full Story : NewsBTC

2019-04-10 07:00:54

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