RATE Group | altcoins back on recovery track, BTC glued to $8,200
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altcoins back on recovery track, BTC glued to $8,200

22 Oct altcoins back on recovery track, BTC glued to $8,200

Posted at 06:40h in Cryptocurrency News by

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  • Bitcoin (BTC) has settled settle at $8,200 amid slow trading activity.
  • Altcoins are recovering during early Asian hours on Tuesday.

The cryptocurrency market continues moving sideways during early Asian hours on Tuesday. Bitcoin has barely changed on a day-to-day basis, while most of top altcoins are in the green zone with Bitcoin SV demonstrating stellar growth of 17%. The total cryptocurrency market capitalization settled at $223 billion, an average daily  trading volume is registered at $57 billion, unchanged from this time on Monday; Bitcoin’s market share dropped to 66.3% from 66.6% the day before.

Top-3 coins price overview 

BTC/USD is locked in a tight range. The first digital coin is hovering around $8,200 handle with a short-term bearish bias. It has barely changed both on a day-to-day basis and since the beginning of the day. The initial resistance is created on approach to $8,300, while the support awaits us at $8,180 (the lower line of 15-min…

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