Connect with us

Business

Market Wrap: Bitcoin Price, Dominance Slips; Ether Hits Fresh Record High Over $2.6K – CoinDesk – CoinDesk

The price of bitcoin continues signs of a downtrend while ether hits a new zenith price level.

Published

on

Article feature image
ADVERTISEMENT

The market is clearly choosing other digital assets over bitcoin. Ether hits a fresh record price and BNB dominates.

  • Bitcoin (BTC) trading around $52,612 as of 21:00 UTC (4 p.m. ET). Slipping 4.7% over the previous 24 hours.
  • Bitcoins 24-hour range: $52,889-$55,233 (CoinDesk 20)
  • BTC below the 10-hour and 50-hour moving average on the hourly chart, a bearish signal for market technicians.

Bitcoin had its fourth day of weak market action. The worlds oldest cryptocurrency was seeing some selling action…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
How to watch Technoking Elon Musk on SNL – The Verge
Article feature image
I visited a reopened Kauai in Hawaii — 5 things to know before you go – The Points Guy
Article feature image
New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin ‘Scarce Store of Value’ – Regulation Bitcoin News – Bitcoin News