Crypto price update: Bitcoin shoots to important level, altcoins await
Bitcoin is having a good day and only needs a small boost for a major breakthrough. This is the current state of the market.
Bitcoin (BTC) has today brushed away its loss of yesterday and is now knocking at a decisive level for the umpteenth time. After countless rejections, the question is whether there is enough force behind the movement to crack the sales wall. In any case, the rest of the crypto market is waiting anxiously.
In this price update, we will tell you exactly how the market is currently doing.
The Bitcoin price has already risen by almost 2 percent today and is now back at the resistance level between roughly 86,000 and 87,000 dollars. This is the top of the ascending triangle pattern in which it has been trading for more than two weeks now.
Bitcoin is sailing today on the success of Wall Street, where chip stocks in particular are setting new records for both the S&P500 and the Nasdaq.
Bitcoin is sailing today on the success of Wall Street, where chip stocks in particular are setting new records in both the S&P 500 and the Nasdaq.
Still, we've learned not to cheer too soon lately. Only when Bitcoin breaks through the $87,000 with sufficient volume can we look further up to the next stop around $93,000.
At the time of writing, the BTC price is at 86,578 dollars, 1.26 percent higher than 24 hours ago. In euros, 76,870 are now paid for the largest crypto.
The altcoin market is still fairly quiet at the moment. Most coins seem to be waiting for Bitcoin to pick a direction.
The lion's share is simply on a higher course than yesterday. Ethereum (ETH) is up 0.77 percent, Ripple (XRP) 1.36 percent and Solana (SOL) 1.78 percent.
Privacy currency Zcash (Zec) rushes the fastest within the top 20 with an increase of 5.18 percent. Near Protocol (NEAR) also stands out with an increase of 2.98 percent.
Below are the biggest top 100 risers of the past 24 hours:
Below are the biggest top 100 decreasers of the past 24 hours: