Bitcoin (BTC) is currently proving its kingship to the entire digital currency market. The price of Bitcoin (BTC) is heading for the moon at the press time. The digital currency just tested a level that was last seen sometime last year. At the press time, the price of is up by more than 11 percent over the past day. Bitcoin (BTC) started this year around the $3k level. At that level, many thought the digital currency would not experience a significant level of growth this year. As such, a top crypto proponent – Tom Lee – gave a Bitcoin price prediction 2019 of $10k. He said that would be the lowest the digital currency would end the year with. Few months after his prediction, the price of Bitcoin (BTC) has already broken over that level. BTC USD price is now heading for the $11k level.
Bitcoin Price Prediction: Bitcoin Price to Hit $60,000 – Cryptocurrency Market Update – Crypto News Update
According to an analyst on Twitter, if the historical price trend of Bitcoin repeats itself, BTC USD live price will hit the $60k level in the next crypto bull run, which many believe has already started. Another analyst believes that the price of Bitcoin (BTC) will rise by 87 percent in the coming days, which would bring BTC USD price to around $18k. The market cap of Bitcoin (BTC) has also increased significantly. Over the past two days, the market cap of Bitcoin (BTC) has increased more than $25 billion. At the press time, the market cap of Bitcoin (BTC) is $190.9 billion.
The increase in the price of Bitcoin (BTC) and other digital currencies have forced the return as well as the entrance of new digital asset investors in the crypto market. The crypto market is booming at the moment and more digital asset investors are increasing their holding because of the fear of missing out (FOMO).
Ethereum (ETH) Among the Top Crypto Gainers – Cryptocurrency Market Update – Ethereum Price Prediction 2019
Ethereum (ETH) – the second largest digital currency by market cap – is also on the list of top gainers over the past twenty-four hours. Over the past day, the price of Ethereum has been on the rise. According to data from CoinMarketCap, Ethereum is the second highest gainer over the past twenty-four hours with an increase of more than 8 percent in price. At the time of writing, ETH USD price is $308. The digital currency just broke over our short-term Ethereum price prediction 2019 of $300, and that’s the highest level digital currency has tested this year.
The current market cap of Ethereum is $32.8 billion, and it has given XRP a huge gap. It will take a whole lot of effort for XRP – the largest digital currency by market cap – catch up with the market cap of Ethereum. Ethereum price prediction 2019 is $1,000. Can Ethereum hit that level by the end of this year? Will the price of Ethereum recover? How long can cryptos hold these gains?
Other digital currencies seeing a significant level of gains include Bitcoin Cash (BCH), Binance Coin (BNB), XRP XRP, and Litecoin. The price of Bitcoin Cash (BCH) is up by more than 5 percent over the past day, bringing BCH USD price to $447. Litecoin price is up by 3 percent, XRP is up by 5 percent, Binance Coin (BNB) is up by five percent, leaving it to trade at $39.3.