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Crypto markets are on the rise today; Ontology and Tezos are right behind EOS and Binance Coin.
Yesterday, dark clouds were hovering over the horizon, but a stubborn breeze has dissipated them and the crypto markets remain dynamic for another day. The brief drop below $ 180 billion in market capitalization has been recovered and no correction has yet been made.
Bitcoin still holds US $ 5,200, where it has consolidated in recent days. It has fallen to an intra-day minimum of $ 5,170, but has quickly recovered and is currently trading a little higher that day, at $ 5,250. BTC seems to return to its micro-resistance level of $ 5,300 to test it again.
Ethereum rose to $ 180 after posting a gain of nearly 3% on the day. For now, ETH reflects what big brother does, it's the one to watch. The two, however, are approaching strong levels of technical resistance.
The rest of the top 10 is mostly green today, recovering from yesterday's losses. EOS led Asian trade with a 7% rise on the day above US $ 5.80. There is only $ 100,000 left behind BCH and he is about to overthrow him for fifth place. Binance Coin is a second place with over 6% earnings to reach $ 18.60. The movements of others are smaller, with a few percent or so.
The top 20 is also fully green with the largest gains coming from NEO, Ethereum Clbadic and Ontology, all up about 4% today. Tezos is just outside the top 20, but that will change soon as he gains more than 5% and continues NEM.
FOMO: ABBC Coin accepts Alibaba
A 45% fomo pump has earned ABBC the highest altcoin award of the day. Price for this series of dumpers and dumpers has now reached $ 0.28. The year-long dispute with Chinese online trading giant Alibaba has finally resulted in a mutually acceptable conclusion, according to the latest post.
#official announcement #ceoannouncement #abbccoin #abbcfoundation #abbc pic.twitter.com/8qBZVUlh4R
– ABBC Foundation (@abbcfoundation) April 10, 2019
TrueChain has also been successful, entering the top 100 with a 27% pump to reach a dollar. The Chinese project aims to be another "revolutionary chain of chains" using a hybrid consensus. These are the only two double-digit altcoins at the present time. There is no major dump at this time, but KuCoin's shares are down, with a 4% drop.
Total market capitalization 24 hours. Coinmarketcap.com
The total market capitalization of cryptography has risen above $ 180 billion and is $ 2 billion higher than yesterday. The daily volume is 50 billion dollars and the outlook is still very optimistic for the moment. Markets are maintaining their momentum and will likely continue to strengthen this week, at least until Bitcoin reaches tougher resistance.
Market Wrap is a section that examines daily the main crypto-currencies during the current trading session and badyzes the best performing, looking for trends and possible fundamentals.
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