RATE Group | Bitcoin back at $9,000, are we glued to this pivot until halving?
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Bitcoin back at $9,000, are we glued to this pivot until halving?

06 May Bitcoin back at $9,000, are we glued to this pivot until halving?

Posted at 09:37h in Cryptocurrency News by

Here’s what you need to know on Wednesday

Markets:

BTC/USD is changing hands at $9030, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The coin recovered from the intraday low of $8,922. Now it is trading within the strong short-term bullish bias amid high volatility.

At the time of writing, ETH/USD is changing hands at $207.50. The price tested the low of $202.14 during early Asian hours, but reversed to the upside. The second-largest coin has barely changed since this time on Tuesday. Now ETH is moving within a short-term bullish trend. The volatility is high.

XRP/USD is hovering at $0.2196, while the recovery is completely blocked by $0.2200. A sustainable move above this area is needed for the upside to gain traction. Despite the lockdown, XRP/USD is trading within a bullish trend amid high volatility.

Among the 100 most important cryptocurrencies, ReddCoin (RDD) $0.0014 (+43.8%),  DigiByte  (DGB) $0.0250 (+25.2%)…

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