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Home / Business / Bitcoin stable ahead of ETF decision, what is expected?

Bitcoin stable ahead of ETF decision, what is expected?



Crypto markets are holding gains; Bitcoin at $ 8,000 ahead of the expected Bitcoin ETF verdict, BCH and XRP slowly gaining value, Dash pumping.

The Crypto markets have been holding on to their weekend profits as Bitcoin continues to be lively. The correction, which was never ended in early Sunday trading, when BTC rose again towards $ 8,000. Market capitalization today is close to $ 250 billion, but a major regulatory decision due tomorrow could soon take some big steps.

Bitcoin has reached its 2019 high of $ 8,250 a few hours ago. BTC fell sharply to just over $ 7,900 after resistance, but has since regained momentum to return to $ 8,000 and was trading slightly higher than yesterday at the same time.

Ethereum is flat and stays just over $ 250 where it was around this time yesterday. ETH Zurich has also maintained its recent growth, but has not been able to record the price doubling that its big brother has seen since the beginning of April.

There is little movement in the top ten at the time of writing. Only XRP and Bitcoin Cash contributed a few percent to trade at $ 0.40 and $ 408, respectively. The rest is unchanged, except for Cardano, who has retired slightly.

The Top 20 have more red than green this morning during Asian trading. Only Dash pumps, 1

0 percent bring it to $ 165. The South Korean markets currently make up the majority of Dash trading, as Bithumb is the top stock exchange. Monero made 3 percent, but the rest is declining.

FOMO: NEXT enters the top 100

Today's Fomo goes to NEXT, who entered the top 100 with a 45 percent pump. The South Korean Stock Exchange Coinbit exchange creates the Fomo for NET. Japan Content Token also has a 40 percent increase as it also enters the big 100. These two relatively dark coins are the only ones currently pumping.

At the chaotic end of the table, Decred is today at ten percent. The MCO of Digibyte and Crypto.com also slips with a loss of more than 7 percent each.

Total market capitalization 24 hours. Coinmarketcap.com

Total market capitalization currently stands at $ 248 billion, slightly higher than it was yesterday at the same time. When Bitcoin met with resistance, it reached a high of $ 257 billion, but has since declined slightly. There is increasing concern that the upcoming SEC decision for the VanEck ETF could lead to a price erosion. The regulator will decide tomorrow on the approval of the long-awaited fund, but the most likely outcome is another delay.

Market Wrap is a section that daily reviews the most important cryptocurrencies during the current trading session and analyzes the most powerful, looking for trends and potential foundations.


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