Home / Bitcoin News / Bitcoin is recovering from bear and holding good position at the Price $5,300

Bitcoin is recovering from bear and holding good position at the Price $5,300

The world’s largest virtual currency Bitcoin has been through the time of its ups and downs, but now it is keeping its firm for quite some time. And cryptocurrency and bitcoin enthusiast and the market are positive about bitcoin value this time.

Bitcoin holds its mark of $5,100-$5,200 values for quite a few weeks and the rumors of the bear market coming back and news of the decreasing value of bitcoin in the bottoms. This news is really good for the bitcoin’s cryptocurrency holder.

Bitcoin (BTC) yesterday’s and today’s value status: The bitcoin is holding its 1st position in the market and the yesterday trading value of the bitcoin was $5,377.35 USD, with the market cap of $95,049,611,388 USD and the 24-hour volume of $13,805,017,150 USD. Yesterday bitcoin was around the mark of $5,300.

The bitcoin is holding its 1st position in the market and the yesterday trading value of the bitcoin was $5,377.35 USD, with the market cap of $95,049,611,388 USD and the 24-hour volume of $13,805,017,150 USD. Yesterday bitcoin was around the mark of $5,300.

Ethereum and Ripple’s value in the market: The other two main virtual currencies namely Ethereum and Ripple are also enjoying the increase in their value also. The Ethereum’s trading value is at $161.33 USD with the market cap of $17,082,649,805 USD and the 24 hour volume of $6,117,473,686 USD.

On the other hand, Ripple is also trading at an increased value of $0.305633 USD, with the market cap of $12,838,101,896 and the 24-hour volume of $1,086,037,135 USD.

Clearly, as we can observe the virtual currency market is in the bullish mood. It is really nice for the cryptocurrency community and people.

As per the Willy Woo’s popular analysis of Bitcoin System Momentum, Bitcoin is in a bullish movement. He explained that,

“… the on-chain volume fractal looks like it’s setting up for a jump; this would bring us into a healthy volume level to support a bull market in the second half of 2019.”

It is really interesting to see the world’s largest virtual currency to be back in the bullish movement.

  • 9
    Shares

About Arushi Dubey

5d53ab6f4b523-bpfull
Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

Check Also

China’s President XI Jinping To ‘Develop Blockchain Technology’ Marks A New Dawn For Bitcoins

Bitcoin is again showing an upward curve jumping to $9000 per Bitcoin after a long …

Leave a Reply

Your email address will not be published. Required fields are marked *