CV Market Watch(TM): Weekly Crypto Trading Overview (July 12-19, 2019)

CV Market Watch(TM): Weekly Crypto Trading Overview (July 12-19, 2019)




imageCryptocurrency News1 hour ago (Jul 19, 2019 03:41PM ET)
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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.

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Ethereum (ETH) sank briefly under $200 this week, a…

This article appeared first on Cryptovest

CV Market Watch(TM): Weekly Crypto Trading Overview (July 12-19, 2019)

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Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.

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