Bitcoin (BTC) had a bearish week, where indicators turned and the asset left its parabolic trend. BTC retreated toward $9,300 in a series of flash-crashes. But just as suddenly, the price recovered by $1,000 late on Thursday, to the $10,500 level.
|Bitcoin Price Rallies Above $10,000 and Consolidates|
Bitcoin (BTC) traded at $10,351.91 as of 12:30 UTC on Monday, abandoning the earlier trek to above $10,600 and above. The prices consolidated, on volumes around $24 billion’s equivalent.
The share of Tether (USDT) is just under 60% of all BTC trades. However, the supply of USDT is constantly growing. The BTC price dominance is at 65.7%, as altcoins are fighting to improve their positions.
|OKEx Crypto Exchange Next to List Dogecoin (DOGE)|
Ethereum (ETH) sank briefly under $200 this week, a…
CV Market Watch(TM): Weekly Crypto Trading Overview (July 12-19, 2019)
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.