RATE Group | Bitcoin attempts a recovery, altcoins follow the lead
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Bitcoin attempts a recovery, altcoins follow the lead

Bitcoin attempts a recovery, altcoins follow the lead

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Here’s what you need to know on 

Markets:

BTC/USD is currently trading at $8,650 (+0.6% on a day-to-day basis). The coin has recovered after a short-lived sell-off in the area below $8,500. At the time of writing, BTC is moving within a strong bullish trend amid shrinking volatility.

The ETH/USD pair is currently trading at $221.8 (-0.30% on a day-to-day basis). Ethereum has recovered from the intraday low of $216.09, moving in sync with Bitcoin.

XRP/USD settled at $0.2313 after a dip to $0.2260 during early Asian hours. The coin is down 1.2% in recent 24 hours.

Among the 100 most important cryptocurrencies, the best of the day are aelf (ELF) $0.1001 (+16.5%), Dragon Coins (SNX) $0.1183 (+15.7%) and Ren (REN) $0.0582 (+12.16%), The day’s losers are, DxChain Token (DX) $0.0015 (-13.5%),Molecular Future (MOF) $0.6230 (-9.42%) and Synthetix Network Token (SNX) $0.8187 (-7.92%).

Chart of the day:

BTC/USD, 4-hour chart

Market:

A prominent…

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