This week is a good week for Bitcoin as it started the week with trading as high as $4,010 with a market cap of $71.3 billion.
This is the first time this rapid gain is happening in a long time now. As we all know other coins always gain few percentages to their prices whenever Bitcoin gain percentages to its price and most of the Top 20 coin are currently showing green.
Litecoin gained over 10% to its price and its currently trading at $38.10. Ethereum is also trading at $159.55 with a market cap of $16.61 billion with a trading volume of $3.15 billion.
Ripple on the other hand, is also trading at $0.389 with a trading volume of $482.74 million. Bitcoin cash is not left out either as its trading between $168-$170, while EOS gained 5% to its price and its trading at $2.80.
Generally, there is a decent upward move among each coin this week with a total market capitalization of $137.00 Billion and that is a good sign. However, i think there is a downside correction in the crypto market and if there is a downside correction among the coins buyers, then there’s likely to protect losses.
With the positive signs and the total market capitalization in the crypto world today, it is safe to say buyers can start buying or investing in Bitcoin now before it goes higher than this.