Crypto market update: Bitcoin marches towards $12,000

  • BTC/USD is currently priced around $11,820.
  • NEO/USD was the biggest winner among the top 20, with a 14.5% increase in price.

Bitcoin is on the path to re-entering the $12,000 as the bulls continue to have relentless control over the market. The rest of the top three - Ethereum and Ripple - are also trending around critical resistance levels. Let’s take a closer look at the top three did and then reveal the biggest winners and losers of the day, among the top 20 coins.

Top three coins

  • Bitcoin (BTC): BTC/USD went up from $11,035 to $11,700 this Tuesday and is currently priced at $11,820. The bulls will want to gather enough momentum to breach the $12,000 level as quickly as possible this Wednesday.
  • Ethereum (ETH): ETH/USD went up from $311 to $316.75 this Tuesday, but the bulls faltered at the $318 resistance line and went down to $315.50 in the early hours of Wednesday. The bulls will need to overcome that level to make sure that the market stays in the green.
  • Ripple (XRP): XRP/USD has gone down from $0.473 to $0.465 this Tuesday. The bulls are fighting back as they have managed to take the price back up to $0.468 this Wednesday.

Biggest winners and losers (top 20 coins)

  • Neo (NEO) is the biggest winner as its price has gone up by 14.61% and is currently trading for $20.43.
  • Ontology (ONT) has gone up by 11.55% and is selling for $1.80.
  • Monero (XMR) was the biggest loser among the top 20 and is priced at $110.88.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.