Has Bitcoin Finally Bottomed? Today's Crypto Report
A number of technical and fundamental indicators has sparked a large rally in the price of bitcoin this week with many feeling that the bear market might finally be over. #Bitcoin (BTC) is up about 15% from it's lows a week ago. Bitcoin is currently up 0.87% over the past 24 hours and is trading at $7,460.00 on Coinbase. The next resistance levels it's eyeing are at $7,750 and $8,000. The 200-day moving average is trading at $9,575 which would serve as the next resistance. In terms of volume, it has reached a 3-month high which points to signs that the current move is here to stay. The cryptocurrency markets are down 1.37% over the past 24 hours with the total market cap sitting around $288 billion.
Here's what's going on in the crypto markets today;
Top cryptocurrencies by market cap:
#Ethereum (ETH) is down 3.11% and is currently trading at $$470.52
#Ripple (XRP) is down 3.68% and is currently trading at $0.479114 #Bitcoin Cash (BCH) is down 3.41% and is currently trading at $821.22 #EOS (EOS) is down 4.90% and is currently trading at $8.35 #Stellar (XLM) is up 4.03% and is currently trading at $0.299532
#Litecoin (LTC) is down 2.61% and is currently trading at $87.15
#Cardano (ADA) is up 1.71% and is currently trading at $0.181216
#IOTA (MIOTA) is down 5.05% and is currently trading at $1.05
#Tether (USDT) is down 0.33% and is currently trading at $0.997775
#Tron (TRX) is down 6.99% and is currently trading at $0.038096
#NEO (NEO) is down 5.67% and is currently trading at $36.42
Today's top % gainers:
#DCORP Utility (DRPU) is up 65.88% and is currently trading at $0.235888
#Swisscoin (SIC) is up 61.74% and is currently trading at $0.000598
#Super Bitcoin (SBTC) is up 52.27% and is currently trading at $11.34
#Zebi (ZCU) is up 37.31% and is currently trading at $0.054926
#Neumark (NEU) is up 29.87% and is currently trading at $0.575098
Today's biggest % losers:
#ContractNet (CNET) is down 26.69% and is currently trading at $0.121104 #RECORD (RCD) is down 26.52% and is currently trading at $0.039374
#Bitcoin Diamond (BCD) is down 26.39% and is currently trading at $2.30
#Earth Token (EARTH) is down 24.74% and is currently trading at $0.002112
#Stipend (SPD) is down 24.67% and is currently trading at $0.296466
