2 Amazing Reports Have Been Published! Here are the winning and losing crypto coins of Black Thursday
According to analysts, Bitcoin (BTC) started rally and the market sentiment increased due to FOMO. Messari’s data show that this rally may not be baseless. However, another report reveals that Bitcoin is the worst player in crypto giants.
Messari: Bitcoin removes the effects of Black Thursday and PlusToken scam sales
The 17% increase in the last seven days of Bitcoin (BTC) inspired the global crypto community and turned market fear into market greed. It has also been proven that the crypto king has completely recovered from the bloodiest massacre. According to data from Messari’s analytics on chain, Bitcoin (BTC) price has risen again compared to the levels before February and March sales. The recent rise, however, has managed to reduce all losses caused by the many painful events of 2020.
According to the data, Bitcoin (BTC) erased both the Black Thursday dramatic decline and the effects of the PlusToken scam sale. Recently, the leading cryptocurrency even turned to the five-digit region on the major spot exchanges for 15 minutes, but was quickly rejected by the bears. So, if we take February 19, 2020, Bitcoin (BTC) price rose 3.1% as the main point of the ongoing market collapse, which is an unprecedentedly good trade in the bloodbath. According to experienced analyst Willy Woo, Bitcoin (BTC) has reduced all losses not only in terms of price performance but also in whale accumulation interest.
Coingecko: Bitcoin has become the worst player of crypto giants!
However, this data contradicts the latest Coingecko 2020 First Quarter Market Report. This surprising article emphasizes that Bitcoin (BTC) seems to be the worst player of all crypto giants. According to Coingecko, Bitcoin SV (BSV) outperformed the top 10 altcoins even after the painful halving event. New data reveal that all major cryptocurrencies show double digit losses against both Bitcoin (BTC) and the US dollar.
Bitcoin Cash (BCH) and Litecoin (LTC) are the worst performers in the Top-10 and reflect a price drop of about 30%. The surprising star of the Coingecko report, Bitcoin SV (BSV), lost 29.5% compared to the leading cryptocurrency. At the time of the press, Bitcoin (BTC) is changing hands at around $ 9,700 on major spot exchanges.