Crypto market update: Bitcoin marches past $10,000 as bulls dominate the market

  • BTC/USD crossed $10,000 for the first time since March 2018.
  • ETH/USD was the biggest winner among the top 20 as its price went up by 8.72%.

Friday turned out to be a historic day for the crypto market as BTC/USD crossed $10,000 for the first time since March 2018. Along with Bitcoin, the rest of the crypto market managed to pull their weight as well. Let’s take a look at how the top three did and then reveal the biggest winners of the day, among the top 20 coins.

Top three coins

  • Bitcoin (BTC): The price has gone up from $9,535 to $10,225 this Friday. In the early hours of Saturday, the price has gone down to $10,125 as investors are selling off their bitcoins to net profits. It is critical for the bulls that the $10,000-level can be sustained through this selling pressure. 
  • Ethereum (ETH): ETH/USD has gone up from $272.25 to $296 charting an 8.72% increase in price. The bulls will want to have enough momentum to take the price past $300 by the end of this Saturday. It is currently trading for $297.20.
  • Ripple (XRP): XRP/USD went up from $0.43 to $0.445 this Friday. The price has gone up further to $0.446 in the early hours of Saturday.

Biggest winners and losers (top 20 coins)

  • Ethereum (ETH) is the biggest winner as its price has gone up by 8.72% and is currently trading for $297.20.
  • Bitcoin (BTC) is up next with a 6% increase. It is currently trading for $10,125.
  • Binance Coin (BNB) went up by 5.89% and is currently trading for $38.75.

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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Opportunity in Bitcoin for bargain hunters

First, the strong bullish move yesterday by Bitcoin, which gained more than $1,000 in 60 minutes. The movement has placed the BTC/USD pair above all major moving averages and opens the door to further rises in the absence of relevant resistance.

More Bitcoin News

Ripple’s XRP recovery from April lows marks the beginning to breakout

Ripple has dived massively from the recent highs. The breakout above both the 50 Simple Moving Average (SMA) 1-D and the 100 SMA 1-D propelled XRP past critical hurdles. For the first in 2019, the price exchanged hands above $0.5. 

More Ripple News

Litecoin market overview: LTC/USD oversold and ready to bounce

Litecoin is showing signs of exhaustion from the downtrend experienced from the beginning of July. Recovery to June highs around $146 has been impossible with the path of least resistance having an affinity to the south.

More Litecoin News

Ethereum price analysis: ETH/USD hovers above $220; upside capped at $230

Ethereum momentum hit a snag at $230 following the impressive recovery witnessed yesterday from the support at $205. ETH/USD has spent most of this week’s trading sessions battling to shake off the selling pressure. 

More Ethereum News

Bitcoin Weekly Forecast: BTC bulls get ready for a major assault

The cryptocurrency market has been pretty volatile this week. Bitcoin stayed in the green zone despite wild price gyrations, while major altcoins are nursing double-digit losses on a week-on-week basis.

Read the weekly forecast