The total cryptocurrency market gained about $15 billion in the past 24 hours of trading as Bitcoin claimed a high that we haven't seen since January 2018.
During the past week, Bitcoin continued to increase in value as it managed to break the former 2020 high. More interestingly, though, this happens as Wall Street stocks are currently taking a beating. While BTC was appreciating, all the prominent
Crypto Price Analysis & Overview October 30th: Bitcoin, Ethereum, Ripple, Chainlink, and Binance Coin
Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over
ECB stimulus announcement and US jobless claims at a 7-month low briefly pumped Bitcoin but the asset and the entire altcoin market has retraced rather vigorously.
Bitcoin appears to struggle at the coveted $13,000 mark. Most altcoins continue to bleed out and the market capitalization has fallen to $391 billion.
Bitcoin's new 2020 high displayed signs of decoupling from Wall Street while simultaneously crashing the sluggish alternative coins.
After a $400 drop in minutes, Bitcoin has reclaimed the $13,000 mark, while most altcoins are deep in the red. This happens despite the fact that Wall Street was painted in red throughout Monday.
Bitcoin has kept still above the $13,000 mark, while most altcoins have displayed an untypical lack of volatility. Ethereum and Ripple struggle below $410 and $0.26, respectively.
A brief price jump took Bitcoin to new yearly highs but the cryptocurrency has retraced then. Nevertheless, BTC remains slightly below $13,000.
Bitcoin continues to struggle with the $13,000 level after a quick dip to $12,720. Most larger-cap altcoins have lost some value, apart from Chainlink, which keeps heading north.