$ BTC breaks $ 119K, but $ XLM and $ Hbar soar 22% and 27% as main percentage winners in the best 20


According to the information price of Coindesk, at 2:20 PM UTC on Sunday, the Bitcoin,

The price established a new historical maximum of $ 119, 308, 1.4% more in the last 24 -hour period.

Bitcoin’s achievement was a bit surprising because the cryptography market was waiting for the US stock market.

JWP-Player-Lugarholder

Analysts expect the price of Bitcoin to reach up to $ 250,000 at the end of the year. For example, in a recent interview in CNBC, the CIO of Fundstrat Capital Thomas Lee said the demand versus the imbalance of the offer for BTC meant that its price could easily reach between $ 150,000 and $ 250,000 for the end of this year.

As of 4:11 PM UTC, Bitcoin is quoted at around $ 118,882, which is a gain of 1.38% in the last 24 -hour period.

Meanwhile, the same day, XLM obtained such high $ 0.4815 (at 3:20 pm UTC)But it is currently quoted at $ 0.4578, 22% more in the last 24 hours. XLM’s yield, although very impressive, was not a great shock since Saturday, increased 6% to $ 0.3880, which makes it the best performance for the percentage of change among the 20 main cryptocurrencies for market capitalization.

As for Hbar, its maximum intradication of $ 0.2516 was reached at 3:10 PM UTC, but is currently quoted at around $ 0.2439, 27% more in the last 24 hours, which makes it now the largest percentage winner today among the 20 main cryptocurrencies.

The Rekt Capital cryptographic analyst pointed out in X that the recent 62% Hbar increase is closely aligned with its 2021 price cycle, suggesting that the token could be configured for a similar rupture pattern. According to the analyst, Hbar has been tracking the 2021 structure “almost perfectly”, and any short -term setback must be seen as a possible new test with the aim of breaking above the current level of lowest resistance.

The pseudonym analyst also pointed out that a modest 2.5% drop in the Bitcoin market domain has already promoted strong demonstrations in many alternatives. He pointed out that if such a small decrease can trigger huge Altcoin movements, a more substantial fall in the domain, in two digit territory, could significantly accelerate capital rotation in the Altcoins market.



Leave a Comment

Your email address will not be published. Required fields are marked *