RATE Group | Cryptocurrencies break resistances, Bitcoin near $8K and Ethereum over $200
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Cryptocurrencies break resistances, Bitcoin near $8K and Ethereum over $200

29 Apr Cryptocurrencies break resistances, Bitcoin near $8K and Ethereum over $200

Posted at 11:28h in Cryptocurrency News by

Ripple (+5.64%) pointed out the kick-off of a new bullish move on Bitcoin (+2.87%) and Ethereum (+5.46%).  Cryptocurrencies are reaching today the valuation they had before the Market crash on March 12. The day shows bullishness on almost all digital assets and tokens.  Notable altcoin movers are Ethereum Classic (+7.27%) and Lisk (+10.37%). Among tokens the best performers are UBT (+16%), FOR*(+25.86%), DATA (+45%) and FSN (+69.48%).

Coin

Fig 1 – Crypto Sector Heat Map

The total market capitalization is currently $227.01 billion, which is seen above the band of resistance that marked the market value before the large March 12 slump.  The traded volume in the last 24 hours of $40.616 billion (-0.71%) was slightly less than in the previous 24H cycle, but increasing in the last eight hours.  Bitcoin dominance is seen at 64.03%, a little higher than the 63.9% figure on Tuesday.

Chart

Fig 2 – Crypto Total Market Daily Chart

 

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