And just like that, the entire market is swimming in a sea of green today. Bitcoin pushed past $40,000 earlier, while a lot of other cryptocurrencies, such as Ripple’s XRP, popped off.
Bitcoin Pushing $40K
The past 24 hours have been splendid for Bitcoin as its price managed to push all the way up from about $37,600 to an intraday high of $40,393 (on Bitstamp).
Bitcoin’s dominance – the index that measures its share relative to that of the entire market, is also up more than 0.5% in the past 24 hours, indicating that altcoins have failed to capitalize on the move better than BTC.
In any case, the cryptocurrency has now withdrawn to about $39,500, and it’s interesting to see if it will be able to make a decisive push over the important technical and psychological resistance of $40K.
BTC/USD. Source: TradingView
As we’ve reported on multiple occasions, the primary cryptocurrency has been trading within a range between $30K and $40-42K since the big liquidation event that took p
Źródło: https://cryptopotato.com/bitcoin-tests-40k-ripple-price-spikes-15-market-watch/
