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Crypto markets are approaching the peaks of 2019; Binance Corner unstoppable, BCH still climbing and Ravecoin in flight.
The crypto markets are progressing slowly and steadily upward while another weekend is unfolding. The total market capitalization has returned to more than $ 180 billion as it approaches the highest precedent for 2019. A break above the resistance of the major cryptos will allow to cap quickly to $ 200 billion dollars and could be reached in one or two days.
Bitcoin rose 1.5% from the same time yesterday, reaching its highest price in the past 24 hours at $ 5,330. All signals indicate that BTC will test again its $ 5,400 high in 2019 and analysts are confident that resistance will soon be broken.
Ethereum is up by a similar amount since it comes back to $ 175. The ETH graph reflects that of Bitcoin but does not seem to have the same level of momentum that drives it. Ethereum has achieved more than 5% since last weekend but the gains have been slow.
The top ten is in the green during today's Asian trading session, but Binance Coin runs away again. The NBB has reached a new all time record with $ 24.80, while the Binance main network is deployed and the countdown of chip trading begins. The crypto giant has recently proved its worth and seems to be an unstoppable force for the moment. Since the beginning of the year, the NBB has achieved an epic figure of 300%.
Binance Coin becomes first cryptocurrency to surpass January 2018 high
In the last 24 hours, #BNB 11.2% against the US dollar and reached $ 24.77 following the highly anticipated launch of the #Binance Main channel, recording an impressive gain of 309% since the beginning of the year. pic.twitter.com/sYRzXwXJJi
– Quadency (@quadency) April 20, 2019
Bitcoin Cash is up 3.5% while it exceeds $ 307, but the rest has made only marginal movements in the last 24 hours. In the top twenty, there is not much to do, but Monero took the opportunity to reach $ 70.
FOMO: Ravencoin prepares him
Today's fomo peak goes to RVN, which pumped 16% and has a daily volume of $ 45 million. There does not seem to be anything that basically drives today's pump, which means it will likely be emptied tomorrow. Waltonchain is also on a roll right now with a 13% gain and Enjin Coin is just behind with 12% today.
There are no big dumps occurring today, but at the bottom of the hundred largest crypto-currencies of the moment, Bitcoin Gold has dropped 3.5%.
Total market capitalization 24 hours. Coinmarketcap.com
The total capitalization of the cryptography market is $ 181 billion after adding $ 3 billion over the last 24 hours. Progress is slow and steady, and markets have almost recovered to their peak of 2019. The daily volume remains healthy, at 44 billion dollars, but the domination of Bitcoins has returned to below 52%. Since the same period last week, the cryptography markets have grown 4% and are at less than $ 5 billion of their highest level of the year.
Market Wrap is a section that examines daily the main crypto-currencies during the current trading session and analyzes the best performing, looking for trends and possible fundamentals.
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