It looks like crypto market is enjoying the green momentum with a closure of the first quarter of 2019. Bitcoin against USD is bullishly trending higher at over $4500 by uplifting the other crypto assets to a green zone.
Bitcoin Enters Second Quarter
With the start of 2019’s second quarter, the crowning cryptocurrency, Bitcoin (BTC) is trending higher to trade at the value of $4670 against US Dollar. Today’s growth in BTC’s value marks the first ever growth after February last week. At press time, the value of Bitcoin is up with 12.44 percent over the past 24 hours.
Looking closer to the crypto exchanges with the higher BTC’ volume might remind you about the recent Bitwise’s report of Coinmarketcap’s fake trading volume. However, as per CMC data, BitMEX, FCoin, BitZ, BW.com, CoinBene, ZBG, OEX, and OKEx are the top 10 exchanges where BTC is trading higher at the moment. Nevertheless, Bitwise finds except these exchanges (Binance, Bitfinex, bitFlyer, Bitstamp, Bittrex, Coinbase Pro, Gemini, itBit, Kraken and Poloniex), many crypto exchanges are manipulating the market with fake trading volume.
Meanwhile, the other cryptocurrencies are also turning their heads to a rising graph of Coinmarketcap. At the moment, Ethereum (ETH) is up with 5.58%, XRP with 5.62%, EOS with 8.56%, Litecoin (LTC) with 10.34%, Bitcoin Cash (BCH) with 7.59%, Binance Coin (BNB) with 7.33%, Stellar (XLM)with 7.83%, Tether (USDT) with 0.80%, Cardano (ADA) with 9.29%.
So readers, what’s your view on BTC’s turning point? what factor you think has influenced the value of Bitcoin and other crypto assets? Share your thoughts with us.
Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com