The most recognizable cryptocurrency in the world, on April 23 at 4:00, increased its value, and its price rose to $ 5,650. This is the highest price since November 18, 2018.
Currently, its value has decreased slightly and amounts to $ 5,570. It is also worth adding that the individual market capitalization of Bitcoin reached its highest level since mid-November - $ 96.9 billion. His level of dominance is currently 53.2 percent. Stock exchanges, such as Coinbase, Kraken or Bitstamp, estimated BTC turnover for 24 hours at $ 14.95 billion.
Analysts noted that the RSI cryptocurrency index has moved above the key resistance range of 53.00–55.00, which confirms a long-term bullish reversal. According to experts, the main digital coin could grow to $ 6000 in the coming months.
A possible start of the bullish rally was confirmed by analyst Ayash Jindal. He suggests raising the BTC to price marks of $ 5,800 and $ 6,000.
Today, following the first cryptocurrency, the Altcoins also began to rise. Ethereum grew by 2.66%, now it costs $ 174. Bitcoin Cash went up by 5.70%, to $ 305. The XRP rate has not changed over the past day, it fell by 0.01%, to $ 0.32.
The cryptocurrency market is currently very favorable. The top 10 cryptocurrencies, according to the market capitalization rating, take profits of more than two percent. The total market capitalization currently stands at $ 184.3 billion. This represents a decline of about 78 percent from its highest level of $ 835 billion, reached on January 7, 2018.