Wednesday in the wealth wizards of crypto, Bitcoin (BTC) was a few hundred dollars away from $67,000 and on an upward trajectory when the day began, and continued to surge till it reached all the way up to $69,045 halfway into the second quarter (7th to 12th hours) and made a new all-time high. Just as quickly as “Bit” rose up the chart however, it went rolling rapidly back down it, with no support along its way, losing $68,000, $67,000, $66,000, and even momentarily slipping below $65,000 to $64,900 before finally bouncing off support late in the fourth and final quarter. With only a few hours left in the night, BTC gained back only a few hundred dollars of its losses before closing the day at $65,250 going into Thursday. Bitcoin, after a volatile day in the markets, is still up 4% for the week, 14% for the month and 329% for the year, while its marketcap is at $1.236 trillion. Bitcoin dominance, meanwhile, has fallen .3% in the last 24 hours and is currently at 41.1% versus all other crypto assets.
When Wednesday started, Ether (ETH) was a few hundred dollars above $4,700 and on its way up the chart, wasting no time making a new all-time high at $4,878 early in the second quarter. The selling pressure proved to be too much at that level however, as ETH began to quickly fall as well, not finding support till it reached as low as $4,650 halfway into the third quarter. In the final hours of the night, the bulls managed to give ETH one more leg-up for the day, positioning itself above $4,700 going into Thursday. Ether, after making a new all-time high close to $4,900 earlier in the day, is now up 3% for the week, 45% for the month and 952% for the year, with its marketcap currently hovering at $560 billion.
As far as the altcoin sector on Wednesday, it was a mostly-bearish day for the ‘Top 100’ by marketcap, with 70% closing the day in the red. From the 30% of winners however, there were still four double-digit winners and only one loser. The big gainers of the day were as follows, in order of larger-sized marketcap assets first: Helium (HNT) went up 14%, Kadena (KDA) up 18%, Zcash (ZEC) up 11% and IoTeX (IOTX) went up 36% to wrap up the day, while the only project that went down 10% or more was Spell (SPELL), which lost 10% going into Thursday. The total marketcap of all crypto assets, meanwhile, has gone down 1% since yesterday but is still $9 billion above $3 trillion, respectively.
- Bitcoin(BTC)startsWednesdayAt$67,300andOnAnUpwardTrajectoryTillitReachesAllTheWayTo$69,045AndMakesNewAllTimeHighInTheFirstHalfBeforeSellingOffRapidlyWithNoSupportAlongItsWayTillitFinallyBouncedOffSupportAt$64,900beforeClosingTheDayAt$65,250withMarketcapAt$1.236trillion
- Ether(ETH)wasOnAnUpwardTrajectoryFrom$4,700whenWednesdayStartedAndContinuedToSurgeTillETHtooMadeAnAllTimeHighAt$4,878earlyInTheSecondQuarterBeforeDownTo$4,650thenClosingAt$4,700andUp45%forTheWeekAnd952%forTheYearWithItsMarketcapHoveringAt$560billion
- TheAltcoinsInTheTop100closeWednesdayWith70%ofThemInTheRedOfWhichThereWereFourDoubleDigitWinnersAndOneLoserWithTheBiggestGainerOfTheDayBeingIOTXwhichGained36%inTheLast24hoursWhileTotalCryptoMarketcapWentDown1%toWhatIsNowRoughly$3.009trillion
https://coinmarketcap.com/