Bitcoin Nonetheless up on the Week After Failing to Maintain $11,000

Bitcoin Nonetheless up on the Week After Failing to Maintain $11,000

Bitcoin
August 13, 2019 by admin
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Tuesday, Aug. 13 — Bitcoin (BTC) falls beneath the $11,000 mark once more as a lot of the prime 20 cryptocurrencies are reporting average losses on the day by press time. Market visualization courtesy of Coin360 Bitcoin’s worth is at present down by 3.12% on the day, buying and selling at round $11,019, in line
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Tuesday, Aug. 13 — Bitcoin (BTC) falls beneath the $11,000 mark once more as a lot of the prime 20 cryptocurrencies are reporting average losses on the day by press time.

Market visualization

Market visualization courtesy of Coin360

Bitcoin’s worth is at present down by 3.12% on the day, buying and selling at round $11,019, in line with Coin360. its weekly chart, the coin is up by about 6.55%.

Nonetheless, a number of sources — together with Cointelegraph’s market data instruments — report that Bitcoin’s worth is at present beneath $11,000. Moreover, in line with cryptocurrency data platform CoinMarketCap, Bitcoin is at present buying and selling beneath $11,000 on many exchanges, together with BitMex, Binance, OKEx, and Huobi.

Bitcoin 7-day price chart

Bitcoin 7-day worth chart. Supply: Coin360

As Cointelegraph reported earlier at present, former Goldman Sachs analyst turned Bitcoin maximalist Murad Mahmudov believes the highest cryptocurrency will hit $100,000.

At press time, the complete market capitalization of all cryptocurrencies is $287.5 billion, about 6.47% decrease than the worth reported every week in the past.

After breaking $11,000 on August 4, Bitcoin has spent a lot of the previous week bouncing across the $11,000-$12,000 vary, briefly breaking into the $12,000s at separate factors on August 6, 7 and eight earlier than a sudden $400 slip in worth on August 10.

Maintain observe of prime crypto markets in actual time right here





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