Bulls resume sideways price movement, EOS leading top 10

22 Feb, 2019
by Alberto Arnaldo
Price Action
Bulls resume sideways price movement, EOS leading top 10

Despite the initial settlement of a bearish outlook on the crypto markets about 24 hours ago, prices have since stabilized and are trading upwards now, in what supposes another day of mostly sideways movement.

Global market capitalization has been mirroring Bitcoin prices since the latest pump, which made the often-disputed metric surge up to $135 million, where it still sits, as this chart displaying price movements for the past week shows:

Read more: Alternative metric to market cap shows the "fair value" of Bitcoin: $7,415

At writing time, Bitcoin is priced at $3,990 by CoinMarketCap, but only at $3,957 by Binance, seemingly ready to attempt another run at the $4,000 range.

Bitcoin’s market cap is still straddling the $70 billion mark, which was reached on the 19th of February following an almost 10% surge in price during the previous 24 hours:

At writing time, EOS is overperfoming the rest of the top 10 cryptos, aiming towards $3.90 with a 3.2% increase. XRP is the slowest growing coin in the same group, with a 0.16% surge.

Taking a look at the first 100 cryptos, LAToken just made it into the cut thanks to a 27.3% raise, meanwhile Electroneum is the biggest loser of the day with a 3.2% decrease in price.

Read more: Neo and Cardano drop 5% as bears move inXRP at $589? Is it really possible for Ripple's token?

WATCH: Elon Musk thinks Bitcoin is better than fiat! Why doesn't he buy more?!

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