The price of Bitcoin (BTC) has a constant increase tonight, which means that the $ 86,000 limit is now within reach. Bitcoin is only a few hundred dollars from its highest price in two weeks. But it has to get further before we can really become Bullish again.
Altcoins cannot really benefit from Bitcoins price increase today. Big names like Ripple (XRP), Solana (Sol) and Dogecoin (Doge) all show disappointing results.
BTC course maintains momentum
The Bitcoin course has been over $ 83,000 since last Saturday. The $ 86,000 mark was even touched on this day, and there we are now threatening again.
Yesterday Bitcoin was mainly traded under $ 85,000. In the late afternoon there was still a violent price movement. In a short time, the price from $ 84,500 shot to $ 85,700 and then rummaged as quickly to $ 83,800.
Fortunately, Bitcoin quickly recovered. The bulls have come across little resistance on their way for about 2 a.m. this night, and the price climbs to ever higher levels. Can Bitcoin break the $ 86,000 for the first time since April 2?
If this succeeds, we can look at the next important level of $ 88,500. That is the highest point until the Bitcoin has increased on April 2. If the price can rise, there is no longer any doubt as to whether we are in an upward trend.
https://twitter.com/superbitcoinbro/status/191998285792891196
At the time of the letter the BTC price On the Coinbase crypto tour at $ 85,809. On the Bitpanda crypto tour, the BTC Prize is 75,552. Compared to 24 hours ago, BTC is up to 1.71 percent.
Ethereum rises, the rest lags behind
The Altcoin market has also been doing better in the past few days. But the Bitcoin dominance-the market share of Bitcoin-continues to rise, which means that old coins are increasingly losing ground compared to the greatest cryptocurrency. This is again the case in the last 24 hours.
There are only a few coins that are better than Bitcoin. Ethereum (ETH) comes close to an increase of 1.06 percent. The Altcoin king is currently traded for $ 1,641 each.
XRP and BNB (BNB) are both under less than 1 percent. Solana and Cardano (ADA) are just in the minus and Dogecoin is the greatest loser in the top 10 with a loss of more than 3 percent.