Bitcoin (BTC) is moving towards critical support $8,000. Altcoins are range-bound with a bearish bias, following bitcoin’s sell-off. Bitcoin and major altcoins resumed the decline after a short period of range-bound trading on Wednesday. The total market capitalization retreated to $220 billion, according to CoinMarketCap data. An average daily trading volume stabilized at $52 billion, while Bitcoin’s market settled at 66.3%. The market players are getting nervous as Bitcoin bulls fail on approach to resistance levels time and again. Read also: Bitcoin futures attract increasingly more interest from large investors – CME Group Top-3 coins price overview BTC/USD dropped to $8,012 during European hours. Despite the recovery towards $8,050 by the time of writing, the coin is still down 2.5% on a day-on-day basis and vulnerable to further losses. A sustainable move below $8,000 will be regarded as a bearish signal that may take the [rice to the important support located on the approach to $7,800. Ethereum, the second-largest digital asset with the current market capitalization of $19.2 billion extended the decline towards $176.70. ETH/USD has lost 3.7% of its value on a day-on-day basis amid the resumed sell-off on the cryptocurrency market. Looking technically, a sustainable move below #180.00 worsened the short-term picture. Ripple’s XRP settled at $0.2860, down 1.5% in recent 24 hours. XRP/USD attempted a recovery above $0.2900, but the general bearish trend took its toll and pushed the price back inside the previous range. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Breaking: GBP/USD leaps above 1.28 as DUP reportedly accepts Brexit proposals on consent FX Street 4 years Bitcoin (BTC) is moving towards critical support $8,000. Altcoins are range-bound with a bearish bias, following bitcoin's sell-off. Bitcoin and major altcoins resumed the decline after a short period of range-bound trading on Wednesday. The total market capitalization retreated to $220 billion, according to CoinMarketCap data. An average daily trading volume stabilized at $52 billion, while Bitcoin's market settled at 66.3%. The market players are getting nervous as Bitcoin bulls fail on approach to resistance levels time and again. Read also: Bitcoin futures attract increasingly more interest from large investors - CME Group Top-3 coins price overview BTC/USD dropped… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
