BTC which was struggling to surpass $30,000 have surpassed $31,000. With this gain BTC increase the influence over alt coins. BTC has a giant share of 51.7% of the overall marketcap which is more than half of overall crypto market cap. This reveals the influence of BTC over other coins. Move in BTC price may pump or dump the market.
Good thing is that alt coins is also growing with BTC. Second placed coin ETH observed 3.8% rise in its worth. Currently ETH is trading around $1,693. More than 90% of the top 100 coins have gained worth. Although green color dominance in market but never underestimate a dump in marke. One bad news may dump the market. Same way one good news may further pump up the market.
The way crypto is gaining popularity it is difficult to stop crypto magic. Market moves is a slap on haters face, who are against crypto. According to haters crypto is dead but in true sense it is now a reality. It is hard to stop crypto for gaining popularity and adoption. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.