The last 24 hours were filled with excitement as Bitcoin’s price surged above the $8300 and $8690 levels for the first time in a long time, which might be an indication that the crypto winter is finally over. Although Bitcoin is currently marking an insignificant loss of 0.19% at press time, the cryptocurrency posted a new 2019 high price at $8,952 during the early hours of today. While BTC price is currently trading at $8,720, we could see the cryptocurrency break the $9,000 mark before the weekend.
As expected, the rest of the crypto market responded positively to the recent Bitcoin rally. Ethereum is still pushing towards the $300 levels, with its current price at $269. XRP, BCH, EOS, LTC, BNB, Stellar, and ADA are trading at $0.42, $432, $7.8, $113, $33, $0.13, and $0.088 respectively.
The total market cap is ~$272 billion | Bitcoin’s market cap is ~$154 billion | BTC dominance at 56.8%
Major Crypto Headlines
Yahoo Japan-Backed Crypto Exchange Taotao Launches This Week: The exchange dubbed Taotao will go live in less than two days and will offer trading in both Bitcoin and Ethereum at launch.
Wife Wants Divorce Over Husband’s Failed $200k Bitcoin Investment: A Swiss man is at the verge of losing his wife after he lost $200k in trading Bitcoin during the crypto winter of 2018.
Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users: The researcher made an official post about the serious vulnerability in WalletGenerator.net, which has been in effect since August 2018.
Most Significant Gainers And Losers
Aeon (AEON) finally rallied past the $0.6 resistance level and is currently consolidating gains of 146.34% against the US dollar. The coin now holds a new three months high price at $2.01 but is currently trading at $1.60 with a market cap of $25,308,771.
OLXA emerged as one of the most significant gainers on the day. The altcoin currently holds gains of more than 120% against the dollar, with its current trading price at $0.0021 and a daily volume of $821,338.
Influence Chain (-51.95%)
INC token is not doing well on the hourly chart. After gathering a bullish momentum within the last few days, which pushed its price to one month high of $0.4, INC is now struggling with the bears to stay above the $0.15 marks. At the time of this writing, the token was exchanging hands at $0.0178 with a daily volume of $981,664.
Cryptocurrency charts by TradingView.
Technical analysis tools by Coinigy.