A Look At The Crypto Narratives: What Is Boosting Bitcoin (BTC)?

Welcome back bulls. At long last, bulls finally seem to be in full control of Bitcoin (BTC), with the cryptocurrency market posting some absolutely stellar gains over the past few days. As seen below, BTC even tapped $8,100 earlier today, posting a 15% gain. While the market has since cooled slightly, with Bitcoin moving to around $7,800 to take a breather and down a chill pill, the price has been undoubtedly bullish.

As the leading cryptocurrency has boomed, pushing past key resistance levels like they are nothing more than soggy pieces of parchment, other crypto assets have done relatively poorly. Ethereum, for instance, is up a relatively measly 4.96% in the past 24 hours; XRP is up 3.65%, nearing the $0.33 level. The only notable cryptocurrencies that have beat the market leader are Binance Coin, posting a 15% gain as its deposits and withdrawals start to come online; Tron’s BitTorrent; and Bitcoin Cash.

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