Cryptocurrency market review on 03/13/2020

Market Watch March 13th

The fall in bitcoin that began yesterday lasted tonight. At about 5 am Moscow time, the first cryptocurrency dropped to $ 3800. At the time of writing this review, bitcoin has partially won back positions and is trading at a price of $ 5468. The key support level is now at around $ 5,000. The following levels are located at $ 4000 and $ 3150 (minimum of 2018). Bitcoin’s path to the top lies in overcoming the $ 5492 200-day simple moving average. Almost the entire altcoin market from the top 100 by capitalization is still in the red zone. Only a few coins are traded in the green zone. Among them are Hedera Hashgraph (+ 9.78%), as well as Tether stablecoins (+ 0.33%) and TrueUSD (+ 0.03%). Maker lost the most in price (-31.02%). The cryptocurrency market capitalization lost about $ 11 billion per day and amounts to $ 158 billion. Bitcoin dominance dropped to 64.2%.