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.
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.
– B.Biddles (@thalamu_) April 22, 2019
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.
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.
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.