Bitcoin has started the day in a positive mood. At press time, the largest cryptocurrency by market cap is trading at $68,045.45 (+3.64%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ether has risen to $4,805.58 (+1.93%), while Binance Coin has increased by 1.74% and is now trading at $645.78.
FxPro's team of analysts say:
"Bitcoin has added another 3% on Tuesday morning, updating all-time highs above $68,000. In three days of persistent growth, the BTC/USD pair has risen more than 10%, dragging with it the total crypto market capitalization and interest in the cryptocurrency market.
CoinMarketCap now estimates the value of all cryptocurrencies at $2.944 trillion, one step away from the $3 trillion round value.
On the daily Bitcoin charts, the RSI has reached 69 points, approaching overbought territory. However, this rarely stops such impulses. Bears tend to play only on signs of exhaustion of growth momentum.
The rest of the cryptocurrency market as a whole is growing a bit slower than Bitcoin, its capitalization having grown over the past day by 2.7% to $1.658 billion."
According to CoinMarketCap’s ranking, 7 currencies on the top 10 are in green.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $197,745,646,650.
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