Bitcoin on its way back to $10,500 as the market records mixed signals

02 Jul, 2019
by Richard Allen
Price Action
Bitcoin on its way back to $10,500 as the market records mixed signals

While Bitcoin recently underwent a pullback which saw the coin dip below the $10,000 level. The king cryptocurrency is back on its way up. The rest of the market is less decided, however.

Bitcoin saw a major correction of around 30% from its yearly high of $13,800, dipping to around $9,800. At the time of writing, however, Bitcoin has managed to claw it's way back above $10,000. While only up around 0.34% over the last 24 hours, Bitcoin has seen gains of around 4.52% in the last hour, bringing BTC to $10,464.15.

BTC/USD chart provided by Tradingview

The rest of the top ten are recording similar daily gains. Ethereum is currently up 0.33% to $$286.43 while Bitcoin Cash is up 0.93$ to trade at $401.26. EOS is the top 10’s biggest earner recording gains of 3.40% to $5.89. Meanwhile, Binance Coin is the top 10’s loser with 1.90% in the red, now worth $31.81. Litecoin and TRON are also recording minor losses of 0.27% and 0.20% respectively.

Further down the list, Chainlink is proving that it’s the best performing coin of the year, standing out as the only project in the top 20 to record double-digit gains. Up 16.13% at the time of writing, LINK is now worth $3.71. NEO is recording gains of almost 7%, bringing the value of the token to $17.12.

The overall top earner today is Waltonchain surging 19.63% while MonaCoin snags the biggest loser crown with 7.30% in the red.

BTC dominance is at 60.8% while the total market cap sits at $304.9 billion.

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