Bulls were seen cleaning up the last few specks of the bears in the crypto market. The entire crypto-verse was surrounded by lush greenery, during the time of writing. The market cap of the global crypto market was undoubtedly headed towards $400 as it was noted at $389.54 billion with a 4.58% daily increase. Bitcoin’s dominance3 had finally surpassed 60% and was recorded at 61.2%, at press time.
Bitcoin Cash [BCH]
Roger Ver’s cryptocurrency, BCH had climbed up the crypto ladder and stood in the fifth position with a market cap of $5 billion. The coin was in sync with the ongoing bull market as its price was surging by 5.91% pushing its price to $264.54, at the time of writing.
The bull trend was going prolong in the BCH market as key indicators were ousting the bears and welcoming the bulls. The formation of dotted lines below the candlesticks closed the possibility of a downtrend, further giving rise to bullish sentiment. The Chaikin Money Flow indicator was exhibiting a bullish momentum with its marker above zero.
LTC was done staying below the top ten. The coin went on to grab the eighth position as its market cap rose up to $4 billion. Touted as the silver to Bitcoin’s gold, LTC proved to be a prominent player as it was one of the top-performing coins. The coin was rising by 12.63% and was trading at $54.97, during press time.
After exhibiting an exceptional performance, Litecoin was on its way to experience a setback. The Awesome Oscillator formed red closing bars and took the side of the bears amidst the ongoing bull market. The Klinger Oscillator also affirmed the presence of bears by forming a bearish crossover.
DOT was seen retaining its position on the top for quite a while, however, with its price its market cap also came spiraling down. DOT was all the way down at the ninth position as its market cap succumbed to $4 billion. At press time, DOT was trading at $4.23 with a 6.06% surge over the last 24-hours.
Bulls were slowly taking over the DOT market. Even though the coin’s market cap was depleting, the price of the altcoin was going to have a good run. The MACD line sluggishly moved above the signal line forming a bullish crossover. The Relative Strength Index indicator rested in the buyers’ zone.