RATE Group | Bitcoin back on recovery mode; $9,000 still above the current price
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Bitcoin back on recovery mode; $9,000 still above the current price

05 Mar Bitcoin back on recovery mode; $9,000 still above the current price

Posted at 07:21h in Bitcoin News by

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Here’s what you need to know on 

Markets:

BTC/USD hit the intraday high at $8,958 and retreated to $8,920 by the time of writing. The first digital asset has gained 1.2% on a day-to-day basis amid a moderate recovery on the cryptocurrency market. Currently. BTC/USD is moving within a short-term bullish trend, though the volatility remains low. 

ETH/USD tested a $230.00 barrier during early Asian hours but failed to get enough momentum for a decisive breakthrough. The pair is currently trading at $229.25 (+1.20% on a day-to-day basis). Ethereum has retained bullish momentum, moving in sync with the market.

XRP/USD settled at $0.2380 after a move to $0.2392 during early Asian hours. The coin has been moving in a tight range during recent days.

Among the 100 most important cryptocurrencies, the best of the day are Energi (NRG) $1.83 (+24.5%), ABBC Coin (ABBC) $0.1090 (+16.4%) and Tezos (XTZ) $3.29 (+13.3%), The day’s losers are WAX (WAXP) $0.0457…

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