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sábado, 8 de agosto de 2020

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Weekly Crypto Market Update

BTC $11,680 | ETH $389 | XRP $0.293 | Total Market Cap: $354 Billion

Bitcoin's had a tumultuous week of trading, there's no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes.

Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent wick. This also led a lot of alternative coins to follow the same pattern, leaving many traders in dismay.

It didn't take that long for BTC to recover as it was back at around $11,700 by Wednesday. Ever since then, the cryptocurrency has been struggling to break past the coveted $12,000 and even retraced to as low as $11,200 yesterday but has since recovered.

Over the week, we saw a lot of movement in the top ten cryptocurrencies by market cap. While Ethereum and Ripple (XRP) increased by about 6-8%, the period was filled with rollercoaster movements. Bitcoin Cash and other major altcoins also managed to add more to their dollar value.

Read The Full Market Update
Price Analysis
Overview of Bitcoin, Ethereum, Ripple, Tezos, and Elrond

This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Tezos, and Elrond. For an in-depth look, read more

Dave Portnoy is Coming to Bitcoin

One of the most influential legacy market traders said that he will get involved with Bitcoin.
Read more.

Grayscale Brings Crypto to the Masses

Grayscale, the leading cryptocurrency investment fund, will launch a nationwide ad campaign to popularize the industry. Read more.

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Donations

BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe

ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070

LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ

DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR

ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p