At the moment of this writing, all the top 20 cryptocurrencies are showing price surges, excepting Unus Sed Leo and Chainlink (LINK). That because Bitcoin (BTC) is doing well in the crypto market, as the BTC rose by more than 2% in the last 24 hours to above $10,200 level.

Bitcoin (BTC) is the leading cryptocurrency in the market by its market cap, totaling $183,913,522,581, as per CoinMarketCap. In the last 24 hours, Bitcoin (BTC) increased by 2.64%, and it dragged with it the rest of the major top 20 cryptos.

On the other hand, Ethereum (ETH), the second crypto by market cap, reached above the $191 mark, boosting by about 1.80% in the last 24 hours. Also, the XRP (XRP) grew by 1.59%, hitting the $0.273 level.

The rest of the Altcoins are also trading “green” today, at least at the time of this article, with Litecoin (LTC) managing to surge by 2%, Cardano (ADA) by 5.66%, and IOTA (MIOTA) by about 7%, to mention some of them.

Is Bitcoin (BTC) on a bullish path?

As we mentioned above, Bitcoin (BTC) managed to grow by more than 2%, to be more exact, by 2.64%, at the time of writing. The BTC reached the $10,276.70 level, with a $13,635,535,507 24-hour trading volume, according to CoinMarketCap.

The trending that Bitcoin (BTC) follows might seem bullish, but the case might not be precisely this one. According to some analysts, Bitcoin (BTC) might drop below the $10,000 mark soon, just to rise above it later on.

In one of our articles, we explained how Bitcoin (BTC) could surge above $20,000 level, thanks to “halving.”

Until then, Bitcoin (BTC) movement might not be on an ascending path. However, it’s expected that the BTC would trade between $9,700 and $10,000. On the other hand, Ethereum (ETH) is on a bearish trending right now, despite the surge it experienced in the last 24 hours.

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