Price Analysis

The Bulls Get Back In The Game: Bitcoin Rises Up To $3800

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It seems that a prolonged recession has ended, the cryptocurrency market finally demonstrated signs of recovery. A total market cap rose to $ 123 billion and general mood of investors before the Christmas period became more positive.

In the morning on Wednesday, December 19, the weighted average rate of BTC was $ 3,783, while on a number of cryptocurrency exchanges the price of the first cryptocurrency rose close to $ 3,900. Daily growth was 6.77%.

Other most liquid assets demontrates the positive dinamics too. More than XRP and Ethereum grew by 10%, at the same time the last returned on levels over $100 where the last time bargained almost exactly two weeks ago.

According to CoinMarketCap the TOP-10 cryptocurrencies traded in green zone. So, Bitcoin Cash also attracts attention – in the last 24 hours, BCH has grown by 28%, rising to $ 116 in price. It also allowed him to reach the sixth line of the rating, overcoming Tether and Litecoin.

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TRON increases on more than 10%, while in the top 10, a new Waves rally. The daily growth of this asset amounted to almost 39% and climb to the TOP-20 by capitalization. At the time of publication, Waves was trading at $ 3.41.

Recall the day before the EOS cryptocurrency rose to the 4th place in terms of capitalization.




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