Crypto markets keep on gaining; Bitcoin back at $ 8,000 before expected bitcoin ETF decision, BCH and XRP get slow, dash pumping.
Crypto markets have kept their weekend gains as Bitcoin is still busy. The correction, which never ended early on Sunday trading when the BTC returned to $ 8,000. Today, market value is still close to $ 250 billion, but a big regulatory decision due tomorrow may create some big moves soon.
Bitcoin regained its 2019 high of $ 8,250 a few hours ago. BTC sharply retreated to just over $ 7,900 after beating opposition but has since recovered and climbed back to $ 8k, trading marginally higher than the same time yesterday.
Ethereum is flat and remains just over $ 250 where it was this time yesterday. ETH has also been on the last win, but has not seen the doubling in the price that its big brother did since the beginning of April.
There is very little movement in the ten ten at the time of writing. Only XRP and Bitcoin Cash have added a couple of percent to trade at $ 0.40 and $ 408 respectively. The remainder remains unchanged except Cardano, which has withdrawn marginally.
Top twenty has more red than green during Asian trading this morning. Only Dash pumps as 1
FOMO: NEXT Spikes to Top 100
Today's fomo comes to the next who has entered the top hundred with a 45 percent pump. The South Korean exchange coin exchange creates fomo for NET. Japan Content Token also gets a 40 percent spike as it also enters the big 100. These two relatively unclear altcoins are the only ones currently pumping.
At the messy end of the table, Decred dumping is ten percent today. Digibyte and Crypto.com's MCO also change with a loss of over 7 percent each.
Total market value is currently $ 248 billion, which is marginally higher than the same time yesterday. It reached a high of $ 257 billion when Bitcoin hit resistance but has since retreated slightly. There is growing concern that the forthcoming SEC decision for the VanEck ETF may cause prices to fall. The regulations are due to decide the approval of the long-awaited fund tomorrow, but the most likely outcome is another delay.
Market Wrap is a section that takes a daily look at the best crypto curves in today's trading session and analyzes the most effective, looking for trends and possible basics.