Less Than Month Before Halving, Bitcoin Returns Above $7,000: The Crypto Weekly Market Update

View in browser Weekly Crypto Market Update BTC $7,089 | ETH $171 | XRP $0.188 | Total Market Cap: $203 Billion The time until Bitcoin's halving is slipping away as there are now less than 25 days until the long-awaited event. It will slash the block reward in half and miners and reduce the overall supply of freshly minted bitcoins on the market. According to many, and to history, this is a major bullish catalyst for Bitcoin's price. After a week of rollercoaster rides, the price for the largest cryptocurrency has once again returned over $7,000. From a low of around $6,550, Bitcoin's price surged more than $500 to reach the level where it's currently trading at. Interestingly enough, this didn't much faze its dominance that remained around 64%. This means that altcoins failed to capitalize on the positive market momentum and didn't claim any new grounds. Read The Full Market Update Price Analysis Overview of Bitcoin, Ethereum, Ripple, Tezos, and Litecoin This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Binance Coin, and Chainlink. For an in-depth look, read more.  Mark Cuban Not Convinced Of Bitcoin Billionaire investor Mark Cuban is still not convinced of Bitcoin. He thinks bananas are easier to sell as commodities. Read more. Binance Launching Blockchain For Smart Contracts Binance announced that it intends to launch a blockchain with smart contract functionalities. It will be a competitor of Ethereum. Read more. 91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe