Crypto market overview: Market makes a recovery following a bearish Thursday
- BTC/USD is back above $12,000.
- Chainlink storms into the top 20.
After a historically bearish Thursday, the bulls have stormed back to make a recovery this Friday. All the coins in the top 20 managed to recover. So far, in the early hours of Saturday, the market has had a bearish start. 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 went up from $11,145 to $12,370 this Friday. In the early hours of Saturday, the price has gone down to $12,245. This is a pretty good recovery by the bulls, considering that BTC/USD lost $3,000 in 24 hours.
- Ethereum(ETH): ETH/USD is back above $300. ETH/USD went up from $294.15 to $309.30. It is currently priced at $307.
- Ripple (XRP): XRP/USD has had a pretty strong bearish start to Saturday. The price has gone down to $0.415 after going up from $0.405 to $0.424 this Friday.
Biggest winners and losers (top 20 coins)
- Chainlink(LINK) has gone up by 39.88% and has stormed into the top 20. It is priced at $3.13.
- Bitcoin (BTC) has gone up by 8.34% and is priced at $12,312.08.
- Dash (DASH) has gone up by 7.77% and is priced at $169.71.
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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