RATE Group | Bitcoin bulls need a critical closure above $7000
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Bitcoin bulls need a critical closure above $7000

03 Apr Bitcoin bulls need a critical closure above $7000

Posted at 19:08h in Cryptocurrency News by

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Here’s what you need to know on Friday

Markets

BTC/USD is currently trading at $6900 (+2.25%), a cooling observed following the brief explosive jump above $7000. 

ETH/USD is currently trading at $144 (+1.45%), the next major game-changing barrier for Ethereum observed at $150. 

XRP/USD is currently trading at $0.18 (+1.20%), the daily breakout and closure above $0.1800 is critical for greater upside. 

Among the 100 most important cryptocurrencies, the best of the day are SXP $0.784126 (+108.80%), CHZ $0.007509 (+13.65%) SNX $0.677753 (+9.15%) The day’s losers are NRG $2.14 (-8.42%), GNT $0.035215 (-3.55%), CRO $0.047767 (-1.30%).

Chart of the day: BTC/USD daily chart

Market

In a new report, Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold. They added: “Despite Bitcoin displaying a significant positive correlation with US equities in…

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