A good number of green is presently seen by the crypto market. At the present time, most of the major crypto assets have a super growth in the past 24 hour period according to Coin360. Currently, the cryptocurrency market has been consolidating its gains with an $8,000 price point by Bitcoin (BTC). All of this was confirmed after last week’s major market rally. The market has confidence over altcoins and most of the top coins are seeing growth between 1 and 7 percent on press day says CoinMarketCap.
Bitcoin (BTC) is now trading about 48,230 to press time; it is now increasing 1 percent per day. Keep in mind that the largest cryptocurrency peaked at just below $8,300 a day ago. For now, the Bitcoin’s monthly and weekly gains are at 33.33 percent and 11.9 percent respectively. This news was presented by Cointelegraph’s price index. Blockchain Capital partner Spencer Bogart compared Bitcoin’s price to tinderbox and says the asset is waiting for reasons to go high.
BTC dominance in the market capitalization is currently as 46.9 percent reported by CoinMarketCap. This is a bit less when you compare it with future progress. But posted earlier this week it still it is slightly above the 2018 record. Let us see what happens in the future