Crypto Market Wrap: Bitcoin Dominating as Markets Retest 2019 Highs6.4

Crypto markets have been bolstered back up to their highest levels of the year again today. There was no selloff in the wake of the Binance hack and Bitcoin has finally broke resistance and made it over the psychological barrier of $6,000. Total market capitalization has been increased by $5 billion to just below $190 billion, its highest level since November 2018.

Bitcoin surged to a new 2019 high of $6,075 a few hours ago during early Asian trading. Getting above $6k is a huge achievement for BCT, especially considering recent news and FUD. Most analysts agree that there is huge resistance here and overcoming it will not be easy. Bitcoin traded in this range for over three months last year.

Original source
https://www.newsbtc.com/2019/05/09/crypto-market-wrap-bitcoin-dominating-as-markets-retest-2019-highs/

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