Bitcoin (BTC) settles above $7,200 during early Asian hours. Altcoins retain upside bias, following the lead of the first digital currency. The cryptocurrency market has once again demonstrated its volatile nature. After a sharp collapse during early Asian hours on Monday, Bitcoin and all major altcoins managed to regain the lost ground and enter into green territory. The total cryptocurrency market capitalization jumped to $196 billion from $180 billion this time on Monday; an average daily trading volume decreased to $91 billion. Bitcoin’s market share settled at 66.3%. Top-3 coins price overview BTC/USD jumped above $7,000 and settled at $7,260 at the time of writing. The first digital asset has gained nearly 9% on a day-to-day basis and stayed unchanged since the beginning of Tuesday. The next crucial resistance is located on the approach to $7,350 (the upper line of the 1-hour Bollinger Band. A sustainable move above this barrier will trigger further recovery towards $7,600-$7,700 area that includes SMA200 (Simple Moving Average) 1-hour BTC/USD, 1-hour chart Ethereum is hovering around $150.00 amid the global recovery on the cryptocurrency market. The second-largest digital asset, with the current market capitalization of $16 billion, has gained over 9% in recent 24 hours and 2.5% since the beginning of the day. ETH/USD is supported by $148.50 (SMA100 1-hour) and $147.60 ( the middle line of 1-hour Bollinger Band) A sustainable move above $150.00 will take to $154.30 (the upper boundary of the weekend consolidation channel). ETH/USD, 1-hour chart Ripple’s XRP bottomed at $0.2014 on Monday and recovered to $0.2218 by the time of writing. The third-largest coin with the current market capitalization of $9.5 billion has gained 4.5% on a day-to-day basis and 1.5% since the beginning of Tuesday. The local support is created by $0.2166 (the lower line of 1-hour Bollinger Band) the resistance is located on the approach to $0.2300. XRP/USD, 1-hour chart 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. View All Post By FX Street Crypto News share Read Next US Dollar Index looks for direction near 98.30 ahead of data FX Street 3 years Bitcoin (BTC) settles above $7,200 during early Asian hours. Altcoins retain upside bias, following the lead of the first digital currency. The cryptocurrency market has once again demonstrated its volatile nature. After a sharp collapse during early Asian hours on Monday, Bitcoin and all major altcoins managed to regain the lost ground and enter into green territory. The total cryptocurrency market capitalization jumped to $196 billion from $180 billion this time on Monday; an average daily trading volume decreased to $91 billion. Bitcoin's market share settled at 66.3%. Top-3 coins price overview BTC/USD jumped above $7,000 and settled at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
