Crypto Daddy - Crypto Currency Market News | Digital and virtual Currency

Breaking

Sunday, April 12, 2020

Top 2 coins’ price overview

April 12, 2020 0
Top 2 coins’ price overview

Top 2 coins’ price overview



Bitcoin (BTC/USD) trades in a sideway manner so far this Saturday, fluctuating between gains and losses in almost $100 range. The bulls are struggling to extend the recovery from a five-day low of 6750.92 reached on Friday, in the face of a symmetrical triangle breakdown on the 15-minutes chart, which exposes the levels sub-6700. The most dominant cryptocurrency was last seen trading around 6880, enjoying a market capitalization of $125.93 billion.

Ethereum (ETH/USD), with a current market capitalization of $17.59 billion, trims the recovery gains, tracking the consolidative mode seen across the crypto space following Friday’s steep declines. The No. 2 coin, currently, holds the lower ground around 158.80 region, having reversed the uptick to 161.51. The spot remains trapped between the 50% and 38.2% Fib level of Friday’s crash amid a quiet Easter weekend.  Despite the anaemic recovery, the coin is on track to book an 11.50% weekly gain.