Bitcoin: Is Close to $10,000 Price? Market Review

It should not be a surprise for all people who read the news about bitcoin that the price has finally reached the $8000 over the weekend. On November 19, the main cryptocurrency has reached the long-awaited level.

People can say that on different stock exchanges bitcoin has already reached the $8000 level but this time it happened on the weighted average exchange rate.
As many analysts say, the price of $8000 is the resistance level. Many people believe that since bitcoin has surpassed the $8000 level, then it can potentially grow up to $10000 per bitcoin.

The second most popular cryptocurrency also shows some growth. Most likely it is linked to the upcoming changes in the network. It is all about the upcoming deployment of a large-scale upgrade of the Ethereum network called Casper. As Vitalik Butern announced, the testing network will be launched in the nearest future.

The current exchange rates for top 5 coins:
Bitcoin (BTC) - $8029.65
Ethereum (ETH) - $358.14
Bitcoin Cash (BCH) - $1197.53
Ripple (XRP) - $0.23
Litecoin (LTC) - $71.18

We should also mention the fact that all altcoins grow as bitcoin increases.

Altcoins that showed the biggest growth in last 24h:
+63.79% Power Ledger (POWR) $0.52617
+58.38% Feathercoin (FTC) $0.19979
+20.71% Cardano (ADA) $0.03159
+19.41% MinexCoin (MNX) $12.62800
+15.28% Loopring (LRC) $0.21820
+14.62% I/O Coin (IOC) $2.93913
+13.84% Status (SNT) $0.03305

As we can see, the leader is Power Ledger, its growth was influenced by the news that the Australian government will invest in this project.

Altcoins that showed dramatic decrease in their prices:
-12.02% Populous (PPT) $9.03345
-11.66% ATMChain (ATM) $0.02688
-11.2% Gas (GAS) $23.67390
-8.27% Pillar (PLR) $0.17228
-8.23% Modum (MOD) $1.93741
-7.66% Dentacoin (DCN) $0.00009
-7.41% Veritaseum (VERI) $108.19400

Total cryptocurrency capitalization: $238 868 765 030
Trading volume (24 hours): $7 892 544 215