The price trend in the digital currency space over the past months has created a great level of concern among digital asset investors and traders. Many of them have been waiting for the next crypto bull run while some as asking “will crypto ever recover?” Many analysts have released several bullish Bitcoin price predictions 2019. Two major trending predictions in the space are Tim Draper Bitcoin price prediction and Tom Lee Bitcoin price prediction. While there are so many crypto price predictions in the space, no one knows exactly when the next crypto bull run or Bitcoin bull run will start.
However, with the price trend of the market over the past twenty-four hours, many believe the next crypto bull run has started. Bitcoin price just broke over a major resistance level. The current Bitcoin price is $4,985. Bitcoin Cash SV price is also soaring higher and testing new highs.
Crypto Bull Run Continues in Day Two
The Bitcoin bull run and crypto bull which started yesterday have continued for a second day. Bitcoin price and Bitcoin Cash SV price are pushing higher. Bitcoin price surged has pulled most of the altcoins in the market. Some of the altcoins are recording double-figure gains over the past twenty-four hours.
Bitcoin Cash SV price has surged enormously, and it is one of the highest gainers over the past day. Choosing the best crypto to invest in 2019 is now a daunting task for many digital asset investors, as almost all the coins in the market are trending bullishly.
The value of the entire digital currency market is also on a breakout. The wave of the next crypto bull run has caused a massive spike in the total market cap. The total market cap has reached a new high it has not tested over the past five months. The total market cap is now $171 billion after increasing by more than $10 billion in less than 24 hours.
Crypto Trading Volume Reached All-Time High
The massive Bitcoin price surge, Bitcoin Cash SV price surge, Bitcoin Cash price surge, and others have attracted more digital asset investors in the space. The daily trading volume of these digital currency has significantly increased. The daily trading volume of Bitcoin is over $24 billion. Bitcoin (BTC) has not seen this level of trading volume for a very long time.
Some digital asset investors and experts gave their Bitcoin price prediction 2019. They all predicted that the current Bitcoin bull run will take the digital currency over the $6k level. Ethereum (ETH) has been looking for a facelift for quite some time. Ethereum price was also elevated by the crypto bull run. The digital currency is now trading close to the $170 mark after an increase of more than 8 percent over the past twenty-four hours.
Bitcoin (BTC) Price Today – BTC / USD
The major focus right now is the daily trading volume in the crypto market. The daily trading volume of the market has reached an all-time high of about $90 billion, according to coinmarketcap.com. This record is higher than the peak it attained during the late 2017 bitcoin bull run. The massive in trading volumes is as a result of the fear of missing out on the next crypto bull run. Many digital asset investors don’t want to miss out on the crypto breakout, as such, they are acquiring more digital currencies.
Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.