Bitcoin’s price pushing past $13K has been the biggest news in the crypto-verse. The global crypto market cap was noted at $396.35 billion and Bitcoin continued to dominate the crypto market by 60.8% in terms of both price as well as market cap. The entire market was enjoying its stay in the green zone.
Ethereum [ETH]
ETH has taken a journey beyond $400 multiple times this year and was yet again seen at the same spot. At the time of writing, the second largest coin was trading at $417.81 while its market cap was at $47 billion. The altcoin had managed to garner a total of 14.21% rise over the last seven days.
Ethereum’s daily price chart was rendering bulls and the coin was trying to push past $450. The Parabolic SAR indicator formed a bullish pattern as dotted lines were laid down below the candlesticks. The Chaikin Money Flow indicator was way above zero highlighting a bullish sentiment in the ETH market.
Chainlink [LINK]
After the market cap of LINK depleted down, the altcoin brought back its game and climbed the crypto ladder. The coin rose up to the sixth position after its market cap hit $5 billion. The altcoin surged by 6.09% over the last 24-hours and by 15.41% over the last seven days. At press time, LINK was priced at $12.12.
The bulls had taken over the LINK market. The MACD line crept over the signal line forming a bullish crossover. While September was an uneventful month for LINK, October seems to be rather momentous for the altcoin. The Klinger Oscillator also formed a bullish crossover on LINK’s one day chart.
Polkadot [DOT]
Despite, the exhaustion of its market cap, DOT exhibited an exceptional change in its price. The coin dropped down to the eighth position with a market cap of $4 billion. During the time of writing, the altcoin was trading at $4.38 and its price had surged by 11.62% over the last week.
The bears were nowhere to be seen in the crypto market. The one day chart of DOT was seen harboring bulls. The Awesome Oscillator indicator formed green closing bars and affirmed the presence of bulls in the DOT market. The Relative Strength Index indicator was exhibiting a buyers’ sentiment.