Crypto market overview: Bulls storm back in. Top three coins enjoy major gains.
- BTC/USD flirts with $12,000 and is currently priced at $11,930.
- ETH/USD crosses $300 as price goes up by 3.6%.
Bulls were on fire this Wednesday as the crypto market as a whole enjoyed massive gains. Let’s take a closer look at how 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 rocketed up from $10,840 to $11,930, going up by 10.05% in the process. Bitcoin has managed to string together two bullish days in a row following three straight bearish days.
- Ethereum (ETH): ETH/USD broke past $300-level and is currently trading for $302. The price went up from $291.95. The bulls now need to overcome resistance at $310.
- Ripple (XRP): XRP/USD re-entered the $0.40 level this Wednesday. The price went up from $0.398 to $0.405.
Biggest winners and losers (top 20 coins)
- Bitcoin was the biggest winner among the top 20 with a 10.05% increase.
- Bitcoin SV (BSV) went up by 5.33% and is priced at $204.55.
- Cosmos (ATOM) went up by 4.44% and is priced at $5.61.
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
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