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

Tuesday, Aug. 13 — Bitcoin (BTC) falls below the $11,000 mark once more as a lot of the prime 20 cryptocurrencies are reporting reasonable losses on the day by press time.

Market visualization

Market visualization courtesy of Coin360

Bitcoin’s value is presently down by 3.12% on the day, buying and selling at round $11,019, in keeping with Coin360. Taking a look at 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 value is presently below $11,000. Moreover, in keeping with cryptocurrency data platform CoinMarketCap, Bitcoin is presently buying and selling below $11,000 on many exchanges, together with BitMex, Binance, OKEx, and Huobi.

Bitcoin 7-day price chart

Bitcoin 7-day value chart. Supply: Coin360

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

At press time, the total market capitalization of all cryptocurrencies is $287.5 billion, about 6.47% decrease than the worth reported per 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 monitor of prime crypto markets in actual time here

Download WordPress Themes Free
Free Download WordPress Themes
Download Nulled WordPress Themes
Free Download WordPress Themes
free online course

Comentarios cerrados.

  • bitcoinBitcoin
    $ 10,988.00 3.37%
  • ethereumEthereum
    $ 205.86 2.7%
  • rippleXRP
    $ 0.294351 2.09%
  • bitcoin-cashBitcoin Cash
    $ 337.38 2.13%
  • litecoinLitecoin
    $ 84.44 2.56%
  • ethereum-classicEthereum Classic
    $ 5.76 0.46%
  • bitcoin-goldBitcoin Gold
    $ 14.51 3.79%
  • bitcoin-diamondBitcoin Diamond
    $ 0.714063 5.23%