Despite Negative News, Bitcoin Only $1K Away From 2020 High: The Weekly Crypto Market Update

View in browser Weekly Crypto Market Update BTC $11,344 | ETH $367 | XRP $0.24 | Total Market Cap: $355 Billion Another week passed on the cryptocurrency market, and it surely wasn't a boring one. The cryptocurrency started off strong, causing many to believe that it might finally breach the coveted $12,000 mark. However, the excitement was short-lived because, just today, news broke out that the founder of OKEx, one of the primary cryptocurrency exchanges, has been 'taken by the police' and hasn't shown up to work for a few days now. More importantly, he's also one of the private key holders necessary to release withdrawals, and, as such, the exchange has suspended them for the time being. Furthermore, reports indicate that there's currently around $2.3 billion worth of BTC in OKEx, and, at this point, it's unclear when withdrawals will be back to normal. Yet, Bitcoin's price remained above $10,000, despite the seemingly bad news. While it decreased, so far, it's performing well and it remains only a little over $1,000 away from the previous 2020 high. Read The Full Market Update Price Analysis Overview of Bitcoin, Ethereum, Ripple, Waves, and Ren This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Waves, and Ren. For an in-depth look, read more.  OKEx Founder Reportedly Arrested Local reports informed that OKEx founder Xu Mingxing was arrested. Withdrawals have been temporarily suspended. Read more. The Agenda for October's Money Fest Revealed [Featured] The agenda and the line-up for the Money Fest conference to be held this month is already live. Read more. 91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe