Market Update

Hello, friends!

Crypto market added $2 billion to its capitalisation, which is currently about $179 billion.

Bitcoin is still staying above $5,000 and may signify that some new support levels were formed. It is worth mentioning that the BTC is now in the red zone for the first time since the last correction.

BNB appears to react really well to the current market situation. Just in the last 24hr, it added over 8% in value. But there is one more reason for such behaviour of the coin – Binance Chain Mainnet launch.

Tezos jumped to the 15th position in the top cryptocurrency ranking having gained about 46% in as short as a week.

Ripple and Eth lost some of their value in recent days, which is not expected as other coins are tailing BTC.

Current sellers` resistance is considered to be at $5,250-5,310. If the bulls manage to breach this level, BTC will have even more room to grow.

But in general, the growth has been very intense and correction is expected after such period of the green market.

We hope that buyers still have the strength to resist bears and push the market up.

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