Up to the morning of September 28, the virtual currency market had 37/100 stocks gained, and the remaining 63 other virtual currencies declined. Market cap coin Bitcoin is up 0.34%, and is listed at $ 10,778 / BTC.
In the past 24 hours, Bitcoin price continued to fluctuate around the region of 10,600 USD - 10,780 USD. The price level of $ 10,800 remains a key resistance level that Bitcoin is still trying to break down. If the resistance level of $ 10,800 is conquered, the path to a recovery of $ 11,000 for BTC may be wide.
Bitcoin's rebound is similar to the rise of the US stock market. This is due to the expectation of a bailout package to revive the economy from both Republicans and Democrats, although the size of the stimulus package has not been concretely agreed.
However, there are too many uncertain factors that could shape the market in the near future. Therefore, investors need to keep neutral stance and wait for clearer up / down trend of the market.
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Along with Bitcoin's rally, the top 8 out of 10 cryptocurrencies today are all bullish. Specifically: Ethereum increased 1.09% to reach USD 358.04; XPR increased by 0.7% to $ 0.2434; Bitcoin Cash increased 3.39% to reach $ 229.62; Chainlink increased 4.70% to 10.79 USD; Binance Coin increased 0.03% to reach $ 26.27; Crypto.com Coin increased 0.08% to reach 0.1547 USD; Bitcoin SV increased 3.47% to $ 170.66.
Today's Top 10 has 2/10 copper discount, in which: Tether decreased 0.12% to 1.00 USD; Polkadot is down 1.2% to $ 4.30.
The coin that gained the most was Chainlink with 4.70%. The biggest loser was Polkadot with 1.2%.
Although the market today saw a large number of currencies falling, in the top 10, the top altcoins all recorded an increase. In particular, Ethereum is up 1.09%, is trading at $ 358.04.
Previously, the news that 460,000 ETH option contracts expired on Friday caused investors to fear that it would affect the price of this coin. So far, the price of ETH has not shown any signs of being affected but is still on the verge of a sustained recovery. However, this is likely to change soon.
The top coin in the list of the best performing tokens in 2020, Chainlink is making homeowners feel "dizzy" by its constant volatility over the past time. In just one week, the price of this coin has bottomed out at 7.5 USD and now has increased to 10.79 USD near the peak of 11 USD.
According to technical analyst Josh Rager, if you continue to keep above $ 10, LINK can reach $ 12 in the short term.