The market continues to limb between north and south as the market cap of the over 2,000 crypto projects in the space stands as $130,565,279,202. Trailblazer Bitcoin (BTC) is currently valued $3,871.35 with a total market cap of $67,991,048,751 after adding a minuscule 0.1% to its value in the last 24 hours.
Taking Bitcoin as reference, the crypto market has shown more stability above the $3,500 resistance mark than before. Nevertheless, Bitcoin (BTC), EOS, Litecoin (LTC) and Binance Coin (BNB) are the only coin amongst the top ten up ticking their price as Binance Coin (BNB) takes the lead with about 2.8% as at press time.
Bitcoin (BTC) Price Analysis: A Correction Of The Turbulent Time In The Last 24 Hours.
While Bitcoin (BTC) tries to maintain a continuous stable traction above the $3,800 resistance mark, the last few hours was featured with a slight dip in the value of the coin, sending a shock wave which dented BTC/USD trade pair value down to $3,700.
However, Bitcoin struggled to correct the turbulence with another upturn trend which saw the value of the altcoin back above the $3,800 mark.
EOS, Litecoin (LTC) and Binance Coin (BNB) Intraday Price Analysis
Generally, altcoins toe along with Bitcoin (BTC) trend in the market, but this time, only three amongst top 10 coins are emulating their leader while other remain blood bathed as at press time.
EOS, the fourth largest cryptocurrency by market cap, is valued $3.59 against US Dollar as it trades up by about 1.9%.
Similarly, the altcoin labeled the fastest growing coin amongst top 10 in 2019, Litecoin (LTC), has added 0.35% to its valued in the last 24 hours, and it is at the moment trading for $45.94 against USD.
Seems the BitTorrent effect isn’t over for the native altcoin of the largest cryptocurrency exchange, Binance Coin (BNB).
Since the release of BitTorrent (BTT) assets, the altcoin has been trading up relatively in the market, and many connected its growth to the assets launch.
Binance Coin (BNB) stands as the highest gainer among the top ten coins with about 2.8% added value to trade for $10.06 against USD.
However, the present price of Bitcoin isn’t contenting as retail investors continue to give in on their assets.