After recent surge, market hits a slight correction, BTC still above $5500

24 Apr, 2019
by David Borman
Price Action
After recent surge, market hits a slight correction, BTC still above $5500

Today saw a bit of a correction across most of the market, though many coins managed to still be in the green for the 24 hour timeframe. Despite the correction, Bitcoin is currently holding just above $5500, which is a positive sign.

Coin Market Capitalization/Bitcoin Dominance

As of this writing, the total market cap is at $181,099,006,739, down almost $5 billion for the day. Bitcoin dominance is still on the rise at 54%.

Current price of Bitcoin: $5,548.91.

Top 10

Looking to the top 10, every coin except for Bitcoin took a loss today. Hardest hit was Cardano (ADA) with -8.22% losses to $0.072, and Binance Coin (BNB) which dropped -6.41% to $22.38.

Biggest Winners/Losers

Moving on to the top 100, though things were rough, not all was red. REPO managed to rise 66.50% to reach $0.554, and Aurora (AOA) was up 10.36% to $0.017. There were losses of course, and for that DigixDAO (DGD) slipped -16.33% to $30.66 and Digitex Futures (DGTX) saw a -14.08% downside to

Hopefully the market is able to basically hold here. We have been seeing higher highs and higher lows, so this dip is of no major concern as long as it doesn't go too much further. Will it? Stick with Chepicap for all updates!

Key levels: if Bitcoin breaks $5300, this is the upside! Subscribe to the Chepicap YouTube Channel for more videos!

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