Bitcoin eyes $50,000 while Polkadot becomes the 4th biggest Cryptocurrency
Bitcoin finally taps $50K for the first time in history while the total Market Capitalization skyrockets above $1.5 Trillion due to Polkadot’s big win against Cardano
Tuesday morning was different for the whole Cryptocurrency field, as Bitcoin managed to touch gently the milestone $50,000 price tag, but the happiness didn’t last for too long as the primary cryptocurrency plunged at $48,500 where it currently trades.
The world’s largest cryptocurrency was struggling around $45K — $48K for the last 5 days without showing any intentions to go further north. Nevertheless, things changed on Sunday morning when Bitcoin topped at $49,700, remaining only $300 away from its milestone but again without any success for the $50K as it immediately plunged below $47,000.
However, less than 24 hours were needed for the King of Cryptos to start recovering its losses and finally lead the price at $50,000 where it remained for a while before it change its directions back to south.
The total Market Cap is above $1.5T while Polkadot steals from Cardano the 4th place
According to DOT’s last price movements, the currency has replaced Cardano in the fourth place and has officially become the 4th biggest cryptocurrency in the top 10 Cryptocurrency ranking list.
We shouldn’t forget to mention that most of the altcoins are painted in green, with Ethereum trading just above $1,800 while Polkadot have increased its value by 14%. Litecoin and Cardano are also up by marking gains of almost 7% and 7.5%, respectively.
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