Home Crypto market update: Bitcoin bulls knocking at $11,000-level, rest of the market fails to follow suit
Crypto News

Crypto market update: Bitcoin bulls knocking at $11,000-level, rest of the market fails to follow suit

  • BTC/USD is currently trending at $10,920 as it looks to return to the $11,000 level.
  • NEO/USD was the biggest winner among the top 20 with a 3% increase in price.

Bitcoin bulls crept up this Monday as they look to re-enter the $11,000 for the first time since March 2018. The rest of the market, however, had a mixed day. While the majority of the top 20 saw red, there were some, like NEO, who saw a profitable day. Let’s take a 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 has gone up from $10,840 to $10,920 this Monday. Currently, the bulls are focussed on overcoming the $11,000 level. They will want to gather enough momentum to get past the barrier before the market closes.
  • Ethereum (ETH): ETH/USD is currently consolidating in a flag formation. Following Sunday’s bearish movement, the bulls managed to eke out a victory this Monday. ETH/USD has gone up slightly from $307.30 to $308.40.
  • Ripple (XRP): XRP/USD has had two bearish days in a row. This Monday, the price has gone down from $0.4688 to $0.4625. Before that, on Sunday, XRP/USD had gone down from $0.476 to $0.469.

Biggest winners and losers (top 20 coins)

  • Neo (NEO) is the biggest winner as its price has gone up by 3% and is currently trading for $17.63
  • Cosmos (ATOM) has gone down by 5.41% and is selling for $6.56.
  • Litecoin (LTC) has gone down by 4.57% and is trading for $133.52.
     

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.