Cryptos on Green While Stocks Are Red
- Bitcoin’s (BTC) trading price is signaling to reach the $28K mark.
- The crypto market is back to the bullish stage again.
After the sudden collapses in banks cause stocks to slip on Wall Street. The most active stocks like Dow Jones, S&P 500, and Russel 2000 index are facing a downfall in the market. At the same time, the crypto industry has been witnessing a bullish market after the great collapse.
Today the top cryptocurrencies are in green. The crypto market leader, Bitcoin price surged over 6.3%, and at the time of writing its trading price reached $27,441. Stocks on the other hand have started a red day with the Dow Jones declining by $384.57 (1.19%) in the last 24 hours.
Following the path of Bitcoin, the first altcoin Ethereum (ETH) price also surged by over 6.2% in the last 24 hours. The trading price of ETH is around $1,808 according to CoinMarketCap.
Bitcoin might now join the safe asset list with the crypto market giving out green waves. And traders stated that the crypto market comes out from the bearish stage.
Recommended For You:
