Crypto Market Update: Ethereum Retakes Second Place From XRP5.6

A minor recovery has occurred as 2019 gets underway. Markets are up a little on yesterday’s levels as total capitalization approaches $130 billion again. Things seem to have settled in this range bound channel for now and a breakout is still a long way away it appears.

Bitcoin made a bounce a few hours ago when it jumped from $3,700 to $3,850 where it has remained for the time being. The gain on the day is around 2% for BTC which is currently trading at around $3,830, back to New Year’s Eve levels.

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