Crypto's markets turn $ 6 billion; Bitcoin Cash surging, Crypto.com up 500% this week, Ethereum and Litecoin are doing well.
Momentum continues in crypto markets as we begin the weekend. Bulls have left and are pushing total market capitalization over $ 140 billion while altcoins drive recovery and Bitcoin reaches critical levels of resistance.
Bitcoin has gradually tapped up to $ 3,960 in the past 24 hours before gear transfer some time ago $ 4,000 and hit an intraday high of $ 4,070 in which it currently trades. The 3.5% benefit for BTC has taken the rest of the market higher while Altcoin has made bigger moves. Bitcoin's downfall is still falling and has fallen to a new 2019 lower than 50.7%.
Ethereum has made a steady 7% of the day while moving towards $ 1
The top ten is all solid green during the Asian trading session. Bitcoin Cash generated an epic surge of 17.5% during the day as it moved to $ 160 for the first time since early January. The somewhat hidden Korean exchange Lbank takes more than a quarter of BCH volumes today. Litecoin also works when it breaks $ 60 to a 9% increase in the day. EOS, Stellar and Tron make 4-5 percent and Binance Coin has not transitioned to this period.
– TheCryptoGuy (@KAnorthwest) March 16, 2019
More green is spreading at the top of the twenty but getting there is not as good. Leading performers at the time of writing include Bitcoin SV and Maker adding 7% each, closely followed by Cardano, NEO and Ontology all having more than 5% today.
FOMO: Crypto.com Chain Keeps It Murder
For the third day running on the CRO token of Crypto.com is the highest performing altcoin at the top one hundred. It exceeds an additional 40% since this time yesterday to stay over $ 0.10. The daily volume is pumped ten times from $ 5 to over $ 55 million that most are trading in the Korean Upbit exchange. The company's PAY platform was launched yesterday and Blockfolio just added the CRO to its signal services. Yesterday, the CRO went all the time high of $ 0.122, a surprisingly 500% less than a week.
Besides BCH other altcoins that are getting pumped at the moment are Holo up by 17% and Kucoin Sharing leaping 13% in the day. The only altcoin with a double digit dump at the top one hundred now is Wanchain which slides more than 10%, Project PAI is the second worst with a loss of more than 6% at the time of writing.
The total capitalization of the crypto market earns 4.5% in the day to reach $ 141 billion. The $ 6 billion in cash injection increases markets for a three-week high and the altcoin is currently driving momentum while the Bitcoin is struggling to break the fight for $ 4,000.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyzes the best performing, looking for trends and possibly basis.