bitcoin

Market Update – Bitcoin Adds Around $200 Since Friday

Analysis
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The price of the largest cryptocurrency by market cap has experienced major changes during the weekend that took it to almost touch $36,000 yesterday. However, it appears that buyers have abandoned the market, at least today, resulting in the price of Bitcoin returning to the levels last seen on Friday.

CoinMarketCap

Regarding the Bitcoin dominance index, it stays at 44.9%, down from last Friday’s 45.7%, while the total capitalization of the cryptocurrency market has risen to $1.399T from Friday’s $1.370T.

As far as the capitalization of the cryptocurrency developed by Satoshi Nakamoto is concerned, it stands at $628,883,307,104, above from Friday’s $625,554,649,029.

As we know, weekends are quite busy for the crypto market, while workdays are a bit more calmed. Will Bitcoin remain at the current level ($33,000) till next Friday or will there be any trigger that will make the asset skyrocket to new highs? We will soon find out.

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