BTC bids to break $19.5K with potentially bullish pattern

Today’s edition of OKEx Insights’ Crypto Market Daily covers Bitcoin, Ethereum, altcoins and DeFi.

The price of Bitcoin ( BTC) is trading at 19,441 USDT on OKEx — nearly the same level as this time yesterday. At the same time, major altcoins have experienced equally slight gains or losses.

The total cryptocurrency market capitalization has reverted its previous 1.3% loss and now sits at $583,069,973,963, as per data from CoinGecko. BTC dominance remains unchanged, at 61.6%.

Though stocks in Europe primarily closed down yesterday, those in the United Kingdom received a boost following the approval of a coronavirus vaccine. Markets in the United States also took a breather, though bullish sentiment remains strong following positive vaccine news and developments surrounding economic stimulus.

Top altcoin gainers and losers

• NEAR/USDT +38.39%
• DHT/USDT +37.37%
• DCR/USDT +29.70%
• MCO/USDT -12.18%
• MEME/USDT -12.49%
• INX/USDT -16.96%

The top performers on OKEx over the past 24 hours have experienced larger moves than the worst performers. Near Protocol ( NEAR) and dHedge ( DHT) are both pushing gains just south of 40%, while Decred ( DCR) is making a bid to also see a gain of over 30%.

Visit https://www.okex.com/ for the full report.

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BTC bids to break $19.5K with potentially bullish pattern was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.