Bitcoin Price Finds Crucial Support Ahead Of Chinese New Year: Crypto Weekly Market Upadte

View this email in your browser Crypto Market Update Market Cap: $232 B BTC Dominance: 66.2%  BTC: $8,479  ETH: $162  XRP: $0.223 Bitcoin went through yet another week full of volatility and considerable market movements. The cryptocurrency decreased by a total of about $400 in the past seven days. This happens just before the Chinese New Year, and history revealed that it has historically been a rather bad time for Bitcoin.  However, it's also worth noting that the world's largest cryptocurrency managed to defend the critical support levels at around $8,200 and $8,300 and bounced back from there. As such, it appears that the correction from $9,200 at the beginning of the week might have been a healthy one.  At the same time, the week was full of action in the altcoin arena as well. There were serious movements in the price of Bitcoin Cash, Bitcoin SV, DASH, Tezos, and others. Bitcoin's dominance managed to increase to about 66.2%. A recent survey revealed that investors are diversifying their portfolios, as the majority of them are putting their money in Bitcoin and less than five other cryptocurrencies.  Full Market Report & Analysis Elon Musk Talks Bitcoin Popular entrepreneur Elon Musk has recently shared his opinion on Bitcoin and cryptocurrencies in general. Read more. Ripple May File For IPO Ripple, the company behind one of the world's largest cryptocurrencies, XRP, may file for an IPO in the next 12 months. Read more.   We Are On Telegram Get daily crypto updates and be the first to know on crypto news and price analysis. Join now This week chart analysis of: BTC ETH XRP BCH & DASH Copyright © 2020 CryptoPotato, All rights reserved. You're receiving this email because you opted in at our website's newsletter. Want to change how you receive these emails? unsubscribe Facebook Twitter Website