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Crypto Market Update

Market Cap: $268 B

BTC Dominance: 68.4%

BTC: $10,246

ETH: $206

XRP: $0.29

Bitcoin maintains relative stability, however, we have already seen such periods in the past and based on its historical behavior we can assume that another move is brewing behind the scenes and only after we know if the 2019 upward trend was just an opening shot or that a bear market is ahead of us.

Bitcoin maintains its relative stability. However, we already saw such periods in the past and based on historical events, we can assume that there is another move in the making behind the scenes. Only after that will we know if the 2019 upward trend was just an opening shot or that there is a bear market ahead of us.

Also, Bitcoin's stability in recent days is affecting altcoins which show signs of waking up as market players have returned to trading in the past week. We saw some major altcoins painted in greens.

In the bigger picture, Bitcoin's dominance continues to grow and it's currently at 69%. In the meantime, the trend is continuing but it's possible that another altcoin season could change the picture.

Ethereum also increased slightly this week and it may be because of the upcoming upgrade of the platform that encourages many investors to store coins before the event takes place.

Full Market Report & Analysis

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