Thursday, August 6, 2020
No menu items!
  • News
  • Bitcoin
  • Cryptocurrency
  • Contact Us
More

    Just in: Bitcoin Breaks Above $9,000 Resistance

    Must Read

    Vitalik Buterin and Charles Hoskinson Hit Adam Back for Criticizing Cardano, Ethereum, Ripple

    Adam Back, a popular Bitcoin maximalist, has received a lot of criticisms from concerned cryptocurrency enthusiasts, including CEOs and...

    Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

    The world’s third-largest producer of pasta, De Cecco, has reportedly adopted the Infection Risk Management solution My Care, which...

    When $400 Was Support for Ethereum (ETH) It Bounced 2x to Hit $800 –The Crypto Dog

    A popular cryptocurrency analyst and trader identified on Twitter as “The Crypto Dog” has averred that the second-largest cryptocurrency...
    Avatar
    Solomon Odunayo
    Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.




    The moment most traders and investors in the cryptocurrency space are waiting for has again resurfaced as Bitcoin, the first and largest digital currency by market capitalization just broke above $9,000 resistance level.

    BTC last attained this feat a couple of months ago. Before attaining this height, many crypto analysts had predicted the possibility of the occurrence due to its price surging trend lately.

    Binance.Us also revealed its excitement regarding the attainment which BTC just recorded by sharing the moment via its official Twitter handle.

    Just in: Bitcoin Breaks Above $9,000 Resistance

    Image Credit: CoinMarketCap

    Where Bitcoin goes from here could be glooming now, but in a number of days, the fate of its price trend and consistency would be revealed. At the time of filing this report, BTC is trading at $9,095.11, with about 2% price upsurge based on 24 hours estimation.

    Crypto Market could see $350 Billion Next Months

    Virtually all the digital currencies conjoin to raise the total market capitalization in the cryptocurrency market due to the recent all-round price appreciation they experienced in the past few days.

    The more the increase in prices of the digital currencies in the market, the more the impact will be felt on the total capitalization of the crypto market.

    In this regard, a popular cryptocurrency analyst, Crypto Michael, has recently foreseen a fortune ahead of all cryptocurrencies led by Bitcoin (BTC), the largest cryptocurrency by market capitalization. He pointed to the indication that would substantiate the total market capitalization to attain $350 billion in the coming months.

    He said, “Total market capitalization is showing some interesting signs. Bounced on the trendline created since beginning ’19. Held the $173 billion support, important level from ’18 and April ’19. This shows me that we could see $350 billion next months.”




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Vitalik Buterin and Charles Hoskinson Hit Adam Back for Criticizing Cardano, Ethereum, Ripple

    Adam Back, a popular Bitcoin maximalist, has received a lot of criticisms from concerned cryptocurrency enthusiasts, including CEOs and...

    Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

    The world’s third-largest producer of pasta, De Cecco, has reportedly adopted the Infection Risk Management solution My Care, which is built on the VeChainThor...

    When $400 Was Support for Ethereum (ETH) It Bounced 2x to Hit $800 –The Crypto Dog

    A popular cryptocurrency analyst and trader identified on Twitter as “The Crypto Dog” has averred that the second-largest cryptocurrency by market capitalization, Ethereum (ETH),...

    Coinbase CEO Brian Armstrong Clarifies What Caused Delayed Transactions of Ethereum (ETH)

    The CEO of Coinbase, Brian Armstrong has recently tweeted to clarify what majorly caused the delayed transactions of Ethereum (ETH) that played out on...

    US Congressman: Bitcoin (BTC) Is Not Going Away, Will Rather Become Integral Part of Americans’ Future

    Bitcoin (BTC), the first and largest cryptocurrency has been garnering much-needed recognition lately. A member of the United States Congress, Tom Emmer, just made...

    More Articles Like This