RATE Group | Bitcoin and major altcoins lethargic in tight ranges
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Bitcoin and major altcoins lethargic in tight ranges

22 Jul Bitcoin and major altcoins lethargic in tight ranges

Posted at 03:10h in Bitcoin News by

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Bitcoin retreated from the recent high to trade in a tight range
The range-bound trading prevails during early Asian hours on Monday.

The cryptocurrency market stays in the red zone after an unsuccessful recovery attempt on Saturday, July 20 followed by Sunday’s sell-off. Bitcoin and all major altcoins are nursing losses with the notable exception of Cosmos, Tezos and Ethereum Classic. These coins are gaining from 3% to 5% on a day-on-day basis.

The total capitalization of all digital assets in circulation increased to $290 billion from $284 billion on Sunday. The total trading volume is registered at $53 billion, while Bitcoin’s market share has settled at 65.2%.

Top-4 coins price overview

Bitcoin (BTC/USD) is hovering marginally above $10,600 having lost about 1% of its value since this time on Sunday. The first digital coin stays unchanged since the beginning of the day, moving within the short-term bearish channel. 

Ethereum, the second-largest digital…

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