Bitcoin Bull Run: Market Capitalization Surges By Over $6 Billion In Hours As Bitcoin Bull Run Kicks Off

bitcoin price gain

The last few hours have been full of excitement in the cryptocurrency space. Members of the cryptocurrency community are reading crypto news about the Bitcoin bull run. The entire market has been waiting for the Bitcoin bull run for a while now. Some have even given up concluding that Bitcoin is dead. This morning, everything changed as the entire cryptocurrency market started to recover gaining over $6 billion in a few hours. This may be the Bitcoin bull run we’ve all eagerly been waiting for.

Bitcoin Bull Run: Cryptocurrency Market Capitalization Adds $6 Billion With EOS Taking The Lead

As the price of cryptocurrencies are recovering, EOS is taking the lead with double digit gains. At the time of writhing, EOS was up by 12.04% against the USD and 8.49% against BTC. It is trading at $4.09 and is currently leading the Bitcoin bull run in today’s crypto news. The market capitalization is $3,704,943,822 while the trading volume over a 24 hour period is $2,773,000,055.

EOS Price Today – EOS / USD

NamePrice
eos
EOS
$3.410.895%

Altcoins seem to be leading in the Bitcoin bull run from today’s crypto news. Even if this doesn’t mean Bitcoin is dead, it means that Bitcoin’s dominance in the industry is slowly reducing. It is also important to note that, historically, altcoin season is followed by a Bitcoin bull run. So, we should expect the price of Bitcoin to keep rising.

Bitcoin Cash (BCH) Price Today – BCH / USD

NamePrice
bitcoin
Bitcoin
$8,551.810.744%
bitcoin-cash
Bitcoin Cash
$268.561.24%

Bitcoin’s baby brother, Bitcoin Cash (BCH) is also surging higher against the USD. At the time of writing, Bitcoin Cash was trading at $169.78. This means that it is up by 7.57% against the USD and up by 4.14% against BTC. The trading volume over a 24 hour period is $540,474,579 while the market capitalization is $3,004,231,523. Sellers are expected to show up when the price gets to $170 according to the Bitcoin Cash price analysis on NewsBtc.

TRON (TRX) Price Today – TRX / USD

NamePrice
bitcoin
Bitcoin
$8,551.810.744%
tron
TRON
$0.0191.14%

Tron (TRX) is also higher against the USD. The Ethereum competitor is trading at $0.023439. This means that it is up by 4.98% against the USD and up by 1.62% against the price of BTC. Sellers may show up at the $0.0240 level and drag the price down. The market capitalization is $1,562,931,179 while the 24 hour trading volume is $226,680,508. Tron (TRX) recently took a dive down following a major dump from a cryptocurrency whale. It’s a good thing the entire market started recovering when it did.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.0453.26%

Cardano is also enjoying the Bitcoin bull run with double digit gains today. It is trading at $0.067312. This means that it is up by 11.33% against the USD and up by 7.73% against BTC. The 24 hour trading volume is $103,121,550 and the market capitalization is $1,745,204,722.

Bitcoin (BTC) Price Today – BTC / USD

#NamePrice24H %
1
bitcoin
Bitcoin(BTC)
$8,551.81
0.744%

Then there is Bitcoin. The flagship cryptocurrency is being outperformed in this Bitcoin bull run. At the time of writing, BTC was trading at $4,081.77. It is up by 3.26% against the USD. The trading volume over a 24 hour period is $11,378,642,587 and the market capitalization is $71,891,236,878 according to CoinMarketcap.com.

What do you think about the Bitcoin bull run in today’s news? Will Bitcoin continue to recover? Share your thoughts in the comment section.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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