Cryptocurrency Market Overview: Bulls take control of the market as Ethereum and Binance Coin end up being big winners
|- Ethereum bulls took the price beyond $170 and are aiming for the $200 level.
- Binance Coin became the biggest winner among the top 20 coins with an 11.30% increase in value.
The crypto-space has enjoyed a bullish Thursday. Let’s take a look at how the top three coins - Bitcoin, Ethereum, and Ripple, have been doing. Along with that, let’s also look at the biggest winners and losers.
Top three coins price overview
- Bitcoin: BTC/USD went up from $5,229 to $5,300. The bulls managed to test the $5,300 as the hike towards $6,000 continues. On the upside, resistance levels lie at $5,312 and $5,355. If the bulls can negotiate the $5,312 resistance level, then they will have a clear path till $5,350.
- Ethereum: Bulls manages to breach past the $170 level as the price shot up from $167 to $176. The bulls will be aiming the $180-level this Friday.
- Ripple: XRP/USD managed to go up from $0.336 to $0.338, reach a high of $0.349 this Thursday. Immediate resistance levels lie at $0.345, $0.355, and $0.367. On the downside, the price is supported at $0.3246, $0.3123, and $0.3032.
Biggest winners and losers (Top 20 coins)
- Binance Coin was the biggest winner among the top 20 coins, going up by 11.32%. It is currently trading for $21.80. The main driver of the price was the fact that Binance Coin's mainnet officially launched this Thursday.
- Tezos kept on enjoying enormous gains. It went up by a further 9.49% and is currently trading for $1.35.
- No coin should be classified as a loser after their performances this Thursday. However, Bitcoin Cash “lost” the most as it went down by -0.81% and is currently priced at $308.
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