RATE Group | Bitcoin and major altcoins pass the time in ranges
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Bitcoin and major altcoins pass the time in ranges

17 Nov Bitcoin and major altcoins pass the time in ranges

Posted at 08:10h in Cryptocurrency News by

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  • Bitcoin (BTC) has been locked under $8,500 in recent days.
  • Altcoins are mostly range-bound with bearish bias during early Asian hours.

Cryptocurrency market traders are sitting on the fence, waiting for new catalysts.  Bitcoin and major altcoins are somewhat directionless during early Asian hours. The total cryptocurrency market capitalization is $233 billion, unchanged from this time on Sunday; an average daily trading volume dropped to $56 billion. Bitcoin’s market share settled at 65.9%.

Top-3 coins price overview 

BTC/USD is locked in a tight range limited by $8,500 on the upside and $8,400 on the downside. At the time of writing. the first digital coin is changing hands at $8,465, mostly unchanged both on a day-to-day basis and since the beginning of Sunday.

BTC/USD, 1-hour chart
 

Ethereum, the second-largest digital asset with the current market capitalization of $19.8 billion, has settled above $181.00 after a short-lived dip to $177.05 on…

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