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Crypto market update: Bulls continue their resurgence following a dominating Monday

  • Overall crypto market cap has jumped from $223 billion to $224.83 billion so far today.
  • The top three coins have all enjoyed positive gains over the last two days.

The cryptocurrency market has been majorly bullish in the early hours of Tuesday. Most of the major coins, including the top three, have experienced significant gains over the last two days. The overall crypto market cap has jumped from $223 billion to $224.83 billion so far today and Bitcoin market dominance currently lies at 66.6%.

Top three coins overview

BTC/USD has gone up from $8,215.70 to $8,288 so far today. The hourly breakdown shows us that the price went up to $8,295, where it met resistance and dropped to $8,288. According to our prediction report, there was a resistance level at $8,250, which the price managed to overcome. The next resistance level that BTC/USD must overcome is at $8,500.

ETH/USD has gone up from $180.65 to $183.40. As per the hourly ETH/USD chart, the price had spiked up to $185 before dropping down to $183.40. Read our ETH/USD price analysis here.

XRP/USD has gone up from $0.277 to $0.282. The price had actually gone up to $0.283 before dropping to $0.282. You can read our technical analysis report here.

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