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Many expected Bitcoins to reach resistance at $ 4,000 and fall into a repeated pattern again and again this year. Instead, it has surpassed it and has established itself at the moving average level of 200, at about $ 4,200. This move brought the rest of the altcoins to a new high in 2019 in terms of market capitalization.
It would seem that CNBC has again pinned things down with another famous prediction in the opposite direction;
Markets are currently trading at their highest levels this year and at a market capitalization close to the $ 146 billion Christmas Eve rally. In the past 12 hours, about $ 9 billion has been injected into crypto-currencies, pushing the markets to a record $ 144 billion in 2019. The daily volume has returned to over $ 30 billion. once again and OKEx and Binance are the two major exchanges with a billion dollars of trade per piece.
Bitcoin has once again controlled things as it overcame critical resistance a few hours ago. It is currently trading at $ 4,190, up 5.2% on the day. The crypto-twittersphere seems to be more excited about this than when BTC reached new heights in 2017. The move to $ 5,000 would indicate that the bottom is in and that crypto-winter is starting to melt.
Ethereum and EOS are the two cryptographic assets that currently dominate. Ethereum jumped about 12% that day, reaching $ 165. The daily volume reaches $ 5 billion, which we got about a month ago for Bitcoin. The upgrades to Constantinople and Petersberg are expected this week, which should be a driver for ETH.
EOS is the other big engine right now because it adds 12% and reaches $ 4.30. Since the beginning of the year, EOS has recorded an impressive payback rate of 67% and has imposed itself as the fourth largest cryptocurrency. The Litecoin also has a balloon today, since it pumps 7% more while it exceeds $ 52.
NEO gets one share during the current trading session as it climbs 20% to $ 10.60. Similarly with Maker, which recorded a strong performance this month. MKR is up 14% today to $ 760 and 100% since the beginning of February. Ontology also needs a mention, as it is the most successful altoin of the moment, with a massive rise of 30%, reaching twentieth place with a market capitalization of 386 million. dollars.
It's a happy Sunday in the crypto world as the bulls are back.
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