Considerable capital continues to flow into the crypto market. In the last few hours, there has been a transaction on the major exchange, Binance, which recorded an inflow of more than 300 million dollars in Tether. These are significant indications confirming the recent record of capital flows.
The day in the cryptocurrency industry begins unvaried, with a balance between tokens in positive territory and those under parity. After several days of strong increases, it is plausible to expect a phase where the high levels reached in the last 72 hours are attempting a consolidation.
Bitcoin tries to remain hooked to the threshold of 9,300 dollars, after having failed to reach the 10,000 dollars yesterday.
Among the best of the day, there’s Bitcoin Cash (BCH) with a rise that goes beyond 20% in recent hours. TRON is also on the rise, benefiting from the substantial liquidity that is coming from China, despite the statements of some officials of the Chinese People’s Party who are alarmed that the increases of the weekend are due to speculation and not as a result of the speech of the Chinese president.
Capitalisation remains at around 250 billion dollars, with trading volumes in contraction, just below 100 billion dollars.
Technical analysis bitcoin, Ethereum and Ripple
Bitcoin tries to hold medium-term support levels, it will be important to maintain the threshold of 9,000-9,200 dollars
Less strength and less intensity for Ethereum, who will have to hold $175.
Ripple continues to fluctuate below 30 cents.