Bitcoin News

Bitcoin (BTC) Breaks Below $11,000

 Bitcoin (BTC) Breaks Below $11,000
Bitcoin (BTC) Breaks Below $11,000

(BTC) once again sent jitters across the markets, with another flash crash below the $11,000 mark. BTC was weakening in the past couple of days, breaking below the support of $11,500, and fell by more than $900 on Wednesday.

In the past 24 hours, BTC slid gradually from $11,300 to $10,629.24 as of 7:10 UTC. Breaking the recent climbing streak also pushed down the BTC market cap dominance to 67.7%, preventing it from trending above 70%.

BTC trading volumes remain around $18 billion, with more than 69% carried by Tether (USDT) volumes. BTC also closely competes with USDT for the best-traded coin. USDT takes up 33.14% of all trading activity across markets, while BTC is …

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Your email address will not be published.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