قالب وردپرس درنا توس
Home / Business / Bitcoin breaks $ 5400 as Old's ETH, LTC and XRP begin to decouple

Bitcoin breaks $ 5400 as Old's ETH, LTC and XRP begin to decouple



Bitcoin broke through on April 22, 2019 the mark of 5400 US dollars. Bitcoin [BTC]which broke $ 5,000 on April 2, 2019, completed three weeks and maintained $ 5,000 in support.

The price of Bitcoin [BTC] at UTC on April 23 is trading at 5395 USD. The percentage dominance of Bitcoin over the cryptocurrency market increased more than 1% daily. Although the old coins have outperformed Bitcoin since the beginning of the year, Bitcoin [BTC] still seems to dictate the conditions of the entire market.

The total market capitalization of the cryptocurrency market is $ 20 billion below $ 200 billion. On November 14, 2018, she broke through the $ 200 billion mark.

  BTCUSD
BTC / USD-1 Daily Chart at Coinbase (Tradingview)

The & # 39; Golden Cross & # 39; The 200-day average with the 50-day moving average also comes to fruition. The intersection will be a crucial moment for the markets of BTC and cryptocurrency to finalize the bull or go down again.

Litecoin [LTC] Uncoupled from Bitcoin?

Litecoin [LTC] traded red on the weekend The price collapsed on April 21, 2019, below $ 80. The "Golden Cross" at Litecoin occurred on March 15, the price has since been quoted at 37.5%

The price for Litecoin [LTC] at 3:00 UTC on April 23 costs $ 77.20. It is 1.23% higher daily.

Some analysts predict that Litecoin [LTC] could currently lead the crypto markets with its profits. B. Biddies, a popular cryptocurrency analyst, stated in his tweet that Bitcoin and Ethereum are expected to follow Litecoin [LTC] in the correction.

Also read: What happens when the Litecoin mining block in August 2019 halves? Ethereum [ETH] XRP and EOS

In addition, Ethereum, XRP and EOS remained relatively stable with the majority of old coins. Bitcoin gained more than 2.3% daily, while Altcoins gained less than 1.2%.

The price of XRP at 23:00 UTC on April 23 is $ 0.328. It trades on a daily scale by 0.81%, while BTC trades above 2.25%.

The XRP rises above the 0.00006000 BTC. It has lost more than 20% of the value w.r.t. BTC since the beginning of the month. Therefore, the correlation between Bitcoin and XRP seems to be getting off the trend.

  XRPBTC
XRP / BTC 1-Day Chart on Binance (TradingView)

The price of Ether [ETH] and EOS at 3:00 UTC on April 23 is 171.93 and 5, respectively , 25th It is 1.5% daily and 1.1% higher.

In addition, the old coins have also written red numbers this morning. BTC. For most top coins, earnings are below 1.5%, while BTC is 2.25% higher daily.

  AltBTC
Altcoin / BTC market on Poloniex

Nevertheless, some of the old coins with a positive increase included Tezos (XTZ), Zcash (ZEC) and Cardano (ADA). The increase in Cardanos ADA was the most impressive with 9.73%. The price of Cardano's ADA on April 23 at 3:00 UTC is $ 0.08. Tezos (XTZ) and Zcash increased daily by 5% and 3%, respectively.

As the golden cross nears realization, what path would Bitcoin take now, bull or bear? Please let us know your analysis.

Summary

  Crypto Market Update: Bitcoin Breaks Over $ 5,400 As Olds Start to Decouple ETH, LTC and XRP

Item Name

Crypto Market Update: Bitcoin Breaks above $ 5400 as Olds ETH, LTC and XRP begins to decouple

Description

Bitcoin broke on 22 April 2019, the mark of 5400 US dollars. Bitcoin [BTC]which broke $ 5,000 on April 2, 2019, completed three weeks while receiving $ 5,000 in support.

Author

Nivesh Rustgi

Publisher's name

CoinGape

Publisher's logo

The content shown may reflect the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication is not liable for your personal financial loss.


Source link