Bitcoin price $6,500, and Ripple up 30% 09-21-2018, 08:34 AM
#1
Citicoins data: BTC Bitcoin reported $6535.97, up 1.6% in 12 hours. ETH Ethereum reported $223.42, up about 5.9% in 12 hours. BCH Bitcoin cash reported $466, up 7.8% in 12 hours. XRP ripple price is reported to be $0.47417, up about 35.7% in 12 hours.
In the past 24 hours, ADA and XRP have once again surged by more than 10% while Bitcoin remained stable, leading the recovery of the cryptocurrency market. Earlier this week, the valuation of the cryptocurrency market fell to $190 billion, and many investors are worried that the market valuation may fall to an annual low of $185 billion. In the past few weeks, Bitcoin price has remained relatively stable in the $6,100-6,500 area.
The market is gradually picking up
On September 16, when the price of Bitcoin hovered around $6,500, Lei Shu said that when the bitcoin trading volume dominated by the cryptocurrency market was lower, it could be considered as a short-term weakness in the market, which may affect other encryption. The price of money has fallen.
Normally, when Bitcoin falls slightly in price, there will be a small rebound in the rebound, and it will also lead to a small increase in the mainstream cryptocurrency. However, bitcoin trading volume is too low, and now the market value of about 3.3 billion US dollars, may also cause investors panic.
On September 17, bitcoin prices fell below $6,300 while cryptocurrency Ethereum prices also fell to $190.
After a small rebound in bitcoin on September 18, the cryptocurrency market has seen a good gain in the past 48 hours. But the more important signal is that bitcoin turnover has risen from $3.4 billion to $4 billion in the past few days, and the market is gradually picking up. In the past few days, Bitcoin’s trading volume has increased by more than 26%, and turnover has increased from $3.4 billion to $4.3 billion.
Supported by the strong performance of major cryptocurrencies such as Ida and Ripple, Bitcoin's trading volume has grown so rapidly that it will drive a short-term rebound in the market, when Bitcoin's resistance may be at $6,600 or $6,800. In the past two months since the beginning of August, Bitcoin has been using $6,000 as a strong support. BTC prices are still fluctuating between $6,300 and $6,500, and it is impossible to find stronger support points above $6,000.
In the past 24 hours, ADA and XRP have once again surged by more than 10% while Bitcoin remained stable, leading the recovery of the cryptocurrency market. Earlier this week, the valuation of the cryptocurrency market fell to $190 billion, and many investors are worried that the market valuation may fall to an annual low of $185 billion. In the past few weeks, Bitcoin price has remained relatively stable in the $6,100-6,500 area.
The market is gradually picking up
On September 16, when the price of Bitcoin hovered around $6,500, Lei Shu said that when the bitcoin trading volume dominated by the cryptocurrency market was lower, it could be considered as a short-term weakness in the market, which may affect other encryption. The price of money has fallen.
Normally, when Bitcoin falls slightly in price, there will be a small rebound in the rebound, and it will also lead to a small increase in the mainstream cryptocurrency. However, bitcoin trading volume is too low, and now the market value of about 3.3 billion US dollars, may also cause investors panic.
On September 17, bitcoin prices fell below $6,300 while cryptocurrency Ethereum prices also fell to $190.
After a small rebound in bitcoin on September 18, the cryptocurrency market has seen a good gain in the past 48 hours. But the more important signal is that bitcoin turnover has risen from $3.4 billion to $4 billion in the past few days, and the market is gradually picking up. In the past few days, Bitcoin’s trading volume has increased by more than 26%, and turnover has increased from $3.4 billion to $4.3 billion.
Supported by the strong performance of major cryptocurrencies such as Ida and Ripple, Bitcoin's trading volume has grown so rapidly that it will drive a short-term rebound in the market, when Bitcoin's resistance may be at $6,600 or $6,800. In the past two months since the beginning of August, Bitcoin has been using $6,000 as a strong support. BTC prices are still fluctuating between $6,300 and $6,500, and it is impossible to find stronger support points above $6,000.