Crypto price update: positive signals for Bitcoin, XRP rises 2%
Bitcoin is getting some air after a cautious recovery and is showing hopeful signs. This is how the market is currently doing.
Bitcoin (BTC) is showing a cautious recovery today, but cannot match the figures of Wall Street. As America heads to the polls today for the midterm elections, the crypto market continues to defend its important levels.
In this price update, we will tell you exactly how the crypto market is currently doing.
Bitcoin has risen by about 1.5 percent since this morning. This does not change much in the graph, but it does give the crypto coin some air.
Around 07:00, the price was just above last week's low. Bitcoin could be picked up for $76,350 and on Friday the coin at the bottom was worth about $76,150.
Yesterday's decline has not yet been corrected, but the chart does show a number of positive signs.
Bitcoin holds above the 200-day exponential average, creating a bullish divergence. The price sinks further away, while the underlying momentum begins to turn.
Perhaps the disappearance of all uncertainty around the American midterms can give Bitcoin the impetus to start a new climb. In any case, the $80,000 level is the main obstacle to pass.
At the time of writing, the BTC price is at $77,488, 0.15 percent higher than 24 hours ago. 69,254 euros are now paid for the largest crypto.
Many altcoins are doing even better business today than Bitcoin.
Ethereum (ETH) has risen 1.04 percent and Ripple (XRP) is the fastest within the top ten with a plus of 2.09 percent.
Solana (SOL) is still 0.20 percent in the minus and privacy currency Zcash (Zec) has lost 2.84 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: