Altcoins News

Story: Bitcoin Price Hit $4000 On Saturday Lifting Along Altcoins

By Frisco D'Anconia

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Cryptocurrency first market mover, Bitcoin's price is gradually picking up. On Saturday night the price shot to $4162. with a 4.18 per cent surge.

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The swell has shot BTC's total market cap to over $73 billion and its dominance in the entire cryptocurrency market to 51.5 per cent.

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Some market analysts have recently been projecting the price will fall.  However, it has performed contrary to that view and gone up at a slight rate.

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While some community members credit the crawling pace of growth to JP Morgan Chase's announcement to issue a digital currencyto facilitate faster payments, others have thrashed…

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Though it is early to make a conclusive judgement, it is a boost for the entire value of the crypto market.

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It is a piece of exciting news since the bitter crypto winter has been very depressing for the global cryptocurrency community considering how the market cap dropped from $800…

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With the exception of Tether which went down by 0.09 per cent, all the elite coins were in green.

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Besides, Smart Contract pioneer, Ether went up with a 7.72 per cent while Bitcoin Cash who is about to implement anonymity made 7.20 percentage point.

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Bank Transfer Blockchain XRP, on the other hand, nailed it 6.35 per cent. Stellar and Litecoin were also in the winning business chalking 4.97 and 4.63 per cent respectively.

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On the 9th position, Tron scored 2.70 per cent and was followed by Binance who seems to have monopolised the 10th spot gaining the least growth on top 10 rankings with a 0.

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Overall, almost everywhere on CoinMarketCap was shining with green. On top 100 for instance, only 11 digital currencies fell in value.

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A striking gain was posted by S4FE that was listed only 2 weeks ago. It grew a mountainous 76.32 per cent to become the 72nd most valuable currency.

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All indications point to the coming of good things on the market. If the trend keeps going in this direction, then we are in for a bumper harvest in 2019.

The Currency Analytics

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