Market gains over $20 billion as BTC is fighting to get back above $11,000

16 Jul, 2019
by David Borman
Price Action
Market gains over $20 billion as BTC is fighting to get back above $11,000

Today was largely a green day in the market as Bitcoin rose to retest the $11,000 price point. Though most coins had solid gains, as ever a few still saw some losses, and Bitcoin dominance is still reaching upwards to new recent highs.

Coin Market Capitalization/Bitcoin Dominance

At this time, the market is hanging out at $292,095,492,073, up about $23 billion since earlier today. Bitcoin dominance is still holding strong, and right now is at 66.5%.

BTC/USD Chart provided by Tradingview

Current price of Bitcoin: $10,929.01.

Top 10

All top 10 coins saw green for the day, with the biggest gains going to Bitcoin Cash (BCH) and Bitcoin SV (BSV), rising 10.74% to $315.21 and 9.88% to $133.49, respectively. While no top 10 coin was down, smallest gains goes to Litecoin (LTC), with just a 1.83% rise to $90.89.

Biggest Winners/Losers

Going outside the top 10, the best performer for the day was XMax (XMX) coming up 21.40% to $0.00385, and not far behind we have MonaCoin (MONA) rising 18.29% to $2.04. Though not many coins were down today, there were a few who took a hit. Chain (CRO) slipped -4.75% to $0.0683 and Aurora (AOA) is now down -4.27% to $0.0209.

Overall a pretty solid day for most of the market. Can Bitcoin manage to get above $11,000 and hold it? Will Altcoins ever see their rally? Stick with Chepicap for all updates on cryptocurrency price action!

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