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Crypto markets reached a new high in 2019; Ontology, Ethereum and EOS fly, Binance Coin slows down.
Contrary to expectations, the crypto markets have not retreated, they have gained momentum and made further progress today. Large-cap cryptos have exceeded key resistance levels and the situation looks positive at this time, while total market capitalization reaches a new high of 2019, exceeding $ 140 billion.
About 12 hours ago, Bitcoin finally broke through the $ 4,000 resistance barrier and made an extra jump to $ 4,200 before moving back slightly. This movement represents a gain of 5% over the day while volumes reach more than 9 billion dollars. BTC has now reached the crucial 200MA and another positive breakthrough would be very optimistic.
Ethereum is still one of the best performers with an 11% pump that has broken the $ 150 mark and stands at $ 165, its highest level since mid-November of last year. Over the past week, the ETH volume has reached its highest levels for more than a year, reaching $ 5 billion. XRP has not benefited from a similar pump and has only widened the gap by 5% to over $ 3 billion now.
EOS also has a big pump in the top ten today, up 12% to $ 4.30. Bitcoin Cash added 9%, allowing it to recover more than $ 150, and Litecoin continues to grow with a further 7% increase during today's Asian trading session. Binance Coin, as usual, did the opposite and remained lethargic with no real gain during this rally.
NEO and Maker are the big players among the top twenty, adding 13% each to take their respective prizes at $ 10 and $ 755. The ontology came back in this section with a massive 25% pump the same day. NEM and Monero are also going strong with 9% added each.
Aside from ONT, a massive 55% fomo pump has powered S4FE into the top 100. Loom Network and Electroneum are also getting some of this action today, with a 16% success rate. There are no altcoins on sale at the moment and the only red on the boards comes from stablecoins.
Total market capitalization over 24 hours. Coinmarketcap.com
Total market capitalization reached a new high in 2019 with $ 10 billion mobilized to move them 6.7% that day. We are now talking about the beginning of a recovery as market capitalization reaches $ 143 billion, its highest level in two months. The daily volume has returned to more than $ 30 billion and things are very optimistic this Sunday on cryptographic land.
Market Wrap is a section that examines daily the top 20 crypto-currencies during the current session and analyzes the best performers, looking for trends and possible fundamentals.
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