Bitcoin (BTC) has settled close to $8,000 on Wednesday. Altcoins retain bearish bias during early Asian hours. The cryptocurrency market is range-bound with bearish bias after a sharp sell-off at the beginning of the week. Bitcoin and all major altcoins are nursing lose from 1$ to 4% on a day-to-day basis with NEO being a notable exception. The coin has gained over 5% since this time on Tuesday. The total cryptocurrency market capitalization stayed at to $223, mostly unchanged from this time on Tuesday; an average daily trading volume is registered at $77 billion. Bitcoin’s market share settled at 66.1%. Top-3 coins price overview BTC/USD tested area below $8,000 on Tuesday. While thee price managed to recover to $8,150 by press time, the market is still controlled by bears. The first digital asset has lost about 1% of its value in recent 24 hours and stayed unchanged since the beginning of the day. Looking technically, the $8,060-$8,000 area creates a strong initial support that may limit the further downside in the short run. BTC/USD, 1-hour chart Ethereum, the second-largest digital asset with the current market capitalization of $19.2 billion, has settled above $175.00 after a short-lived sell-off to $172.75 on Tuesday. ETH/USD has over 1% on a day-to-day basis and stayed unchanged since the beginning of Wednesday. At the time of writing, ETH/USD is changing hands at $175.75, while the initial support is created by the middle line of 1-hour Bollinger Band. ETH/USD, 1-hour chart Ripple’s XRP touched $0.2408 on Monday amid global sell-off on the cryptocurrency market, but managed to recover to the area above $0.2500 by the time of writing. XRP/USD, the third digital coin with the current market value of $11.0, has gained 1% of its value since this time on Tuesday. The support is created by psychological $0.2500. At the time of writing, XRP/USD is changing hands at at $0.2515 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 Forex Today: US’ Hong Kong bill dents risk; FOMC minutes to hog the limelight FX Street 3 years Bitcoin (BTC) has settled close to $8,000 on Wednesday. Altcoins retain bearish bias during early Asian hours. The cryptocurrency market is range-bound with bearish bias after a sharp sell-off at the beginning of the week. Bitcoin and all major altcoins are nursing lose from 1$ to 4% on a day-to-day basis with NEO being a notable exception. The coin has gained over 5% since this time on Tuesday. The total cryptocurrency market capitalization stayed at to $223, mostly unchanged from this time on Tuesday; an average daily trading volume is registered at $77 billion. Bitcoin's market share settled at 66.1%.… 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.
