Bitcoin (BTC) has settled below $8,500 amid growing bearish pressure Altcoins are mostly range-bound with bearish bias during early Asian hours. Cryptocurrency market is range-bound with bearish bias during early Asian hours on Saturday. Bitcoin and major apt coins are nursing losses on a day-to-day basis. The total cryptocurrency market capitalization is decreased to $233 billion, from $236 billion this time on Thursday; an average daily trading volume reached $69 billion. Bitcoin’s market share settled at 65.9%. Top-3 coins price overview BTC/USD is mostly unchanged both since the beginning of the day and down 1.5% on a day-to-day basis. The first digital coin has recovered from the Asian low of $8,458 but failed to regain ground above $8,500. On the intraday charts, the recovery is limited by the upper line of 1-hour Bollinger Band on approach to $8,500. BTC/USD, 1-hour chart Ethereum, the second-largest digital asset with the current market capitalization of $19.8 billion, recovered from Friday’s low of $177.05 and settled above $181.00. ETH/USD has lost 1% on a day-to-day basis. Thee initial resistance is created by SMA50 (Simple Moving Average) 1-hour at $182.40. ETH/USD, 1-hour chart Ripple’s XRP is moving within a downside channel. The coin bottomed at $0.2525 on Friday and recovered to $0.2630 by the time of writing. XRP/USD is down 1% since this time on Friday. The third digital coin with the current market value of $11.4 may be vulnerable to further losses if fails to recover above $0.2640 (SMA50 1-hour) and $0.2700 any time soon. XRP/USD, 1-hour chart 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 TRON to outrank Ethereum in less than a year – bitcoin developer FX Street 3 years Bitcoin (BTC) has settled below $8,500 amid growing bearish pressure Altcoins are mostly range-bound with bearish bias during early Asian hours. Cryptocurrency market is range-bound with bearish bias during early Asian hours on Saturday. Bitcoin and major apt coins are nursing losses on a day-to-day basis. The total cryptocurrency market capitalization is decreased to $233 billion, from $236 billion this time on Thursday; an average daily trading volume reached $69 billion. Bitcoin's market share settled at 65.9%. Top-3 coins price overview BTC/USD is mostly unchanged both since the beginning of the day and down 1.5% on a day-to-day basis.… 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.
