Bitcoin Approaches $11,000 With All Top 20 in Green

Published on by Cointele | Published on

Saturday, July 20 - crypto markets have seen another upward move, with all top 20 coins by market cap seeing major gains, while Bitcoin has approached $11,000 mark again.

After dipping below the $11,000 threshold on July 14, Bitcoin has approached the price point today, with its intraday high of $10,944, according to data from CoinMarketCap.

The biggest cryptocurrency added 3.7% to its price to trade at $10,922 at press time.

As Bitcoin has seen significant volatility this week, with its price having dipped below $9,500, the cryptocurrency is down around 3% over the past 7 days at press time.

Ether, the second cryptocurrency by market cap, is up over 5% and trading at $232 at press time.

The top altcoin is down 13.4% over the past 7 days.

Ripple, the third top cryptocurrency by market cap, added 6.4% to trade at $0.339, also seeing a notable growth over the past 7 days, adding up to about 2.6%. Ripple 7-day price chart.

Bitcoin SV, the ninth top cryptocurrency by market cap, has added over 25% to its value today, seeing the biggest growth among the top 20 coins by market cap.

As of press time, total market capitalization amounts to $298 billion after that number dropped below $250 billion earlier this week.

The new wave of green on crypto markets follows a recent bullish prediction by managing director and quant strategist at Fundstrat Global Advisors Sam Doctor, who suggested that much-anticipated Bakkt's Bitcoin futures contracts will launch in Q3 2019.

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