HomeCryptoBTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK

BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK

Bitcoin’s (BTC) market capitalization is nearing the $1 trillion mark and a number of other altcoins have additionally been rallying exhausting prior to now few days. This has pushed the Crypto Fear and Greed Index into the acute greed territory the place the vary fluctuates between 79 and 100. Generally, tops are made when the index hits round 95, which exhibits there may be some extra room to run.

PlanB, the creator of the Bitcoin stock-to-flow mannequin, believes that BTC is on course to achieve $100,000 by Christmas this 12 months. Eventually, he believes that BTC worth can be a lot larger than $100,000 earlier than the tip of the present halving cycle in 2024.

Daily cryptocurrency market efficiency. Source: Coin360

Tuesday marks an vital milestone for Bitcoin as a result of El Salvador has change into the primary sovereign nation on the earth to launch BTC as authorized tender. Although the experiment can have its hiccups, it’s more likely to be carefully monitored by different nations.

Could Bitcoin and altcoins choose up momentum and resume their up-move or will bears once more pull the value under key help ranges? Let’s research the charts of the top-10 cryptocurrencies to seek out out.