Bitcoin Breaker $ 13,000 As Rally Continues
Wednesday, June 26 – Bitcoin (BTC) has broken the $ 13,000 price tag, and many of the top 20 cryptographic baskets show double-digit gains a day, according to Coin360.
Market Visualization with Coin360
BTC broke the $ 12,000 level earlier today and has continued to rise to trade at $ 13,252 at press time. The leading coin has increased over 1[ads1]6% during the day. Today, Bitcoin's market dominance rose to over 60% for the first time since April 2017.
Bitcoin's latest rally has caused a stir in the crypto community, where some of the players have predicted their further price dynamics. Today eToro analyst Simon Peters claimed that the BTC prices could match their full-time $ 20,000 over the next two weeks – and could hit $ 50,000 or $ 10,000 by the end of the year.
Bitcoin 1 Year Price Chart. : Coin360
Ether (ETH) is trading around $ 349.20 at press time, up 12% over the last 24 hours, with Altinen starting the day at $ 309, with today's price tag today.
Ether 7-Day Price Chart Source: Coin360
Ripple (XRP) has demonstrated a quieter price trend, reporting a 5.30% increase during the day of trading at $ 0.486 on XRP's market capitalization is currently around $ 20.4 billion, which is nearly $ 17 billion less than Ethereum.
XRP 7-day pricing chart. Source: Coin360
NEM (XEM) and NEO (NEO) reported double-digit gains of 18.33% and 10.11% respectively. Monero (XMR) is the only loser on the top 20 list, with a 2.83% loss in the day.
Total market value of all digital currencies is around $ 376 billion per press time, while the daily trading volume has reached $ 108 billion.
Oil prices also showed an increase today, with US commodities in the West Texas Intermediate (WTI) of $ 58.95 per barrel, up $ 1.12 from their last settlement, and WTI reaching its highest level since May 30 to $ 59.13 per barrel
Gold, on the other hand, fell 1% today, with spot gold down 0.5% to $ 1.411.3 per ounce on track to get a season-long winning knit.