Etherium News

CV Market Watch™: Weekly Crypto Trading Overview (July 12-19, 2019)

(BTC) had a bearish week, where indicators turned and the asset left its parabolic trend. BTC retreated toward $9,300 in a series of flash-crashes. But just as suddenly, the price recovered by $1,000 late on Thursday, to the $10,500 level.

Bitcoin (BTC) traded at $10,351.91 as of 12:30 UTC on Monday, abandoning the earlier trek to above $10,600 and above. The prices consolidated, on volumes around $24 billion’s equivalent.

The share of Tether (USDT) is just under 60% of all BTC trades. However, the supply of USDT is constantly growing. The BTC price dominance is at 65.7%, as altcoins are fighting to improve their positions.

(ETH) sank briefly under $200 this week, a…

This article appeared first on Cryptovest

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