Etherium News

CV Market Watch™: Weekly Crypto Trading Overview (June 21-28, 2019)

 CV Market Watch™: Weekly Crypto Trading Overview (June 21-28, 2019)
CV Market Watch™: Weekly Crypto Trading Overview (June 21-28, 2019)

(BTC) once again proved its pattern was to reach peak prices for a very short trading period, only to crash in an episode of dizzying volatility. BTC climbed to $13,800 within a day, only to crash to $10,500 on the same day.

Bitcoin (BTC) recovered to $11,888.36, up from lows around $10,500. BTC is now in extremely uncertain waters, with the possibility to either start rallying or to retreat to lower valuations.

The share of Tether (USDT) trading this week hovered around 58%, though each coin saw a robust turnover of above 10 times in 24 hours. BTC volumes peaked late on Thursday at $45 billion’s equivalent, an all-time record far outpacing any previously seen activity. Ahead of the weekend, volumes still reached $38 billion’s equivalent in 24 hours.

(ETH) managed to climb above the $300 mark, boosted by 1 billion USDT printed on the Ethereum network. Still, ETH retreated during the Thursday sell-off, ending the week with a small gain of 6.5% to $306.11. ETH became the only altcoin with noticeable weekly gains after the crash wiped out most altcoins.

(XRP) attempted to stay in the spotlight by announcing a partnership aiming at compliance with the …

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

View original post

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button