RATE Group | Bitcoin bulls hit the pause button and let BTC slip under $8,000
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Bitcoin bulls hit the pause button and let BTC slip under $8,000

09 Jan Bitcoin bulls hit the pause button and let BTC slip under $8,000

Posted at 07:21h in Bitcoin News by

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Here’s what you need to know on Thursday

Markets:

  • The BTC/USD is currently trading at $7,933 (-4.6% on a day-to-day basis). The coin has been moving within a strong bearish trend amid decreasing volatility.
  • The ETH/USD pair is currently trading at $139.6 (+4.3% on a day-to-day basis). The Ethereum retreated from the recent high of $147.96; now, it is moving within a short-term bearish trend. 
  • XRP/USD settled at $0.2058 after a spike to $0.2255 on January 7. The coin is down 3.15% in recent 24 hours.
  • Among the 100 most important cryptocurrencies, the best of the day are Bitcoin Diamond (BCD) $0.3731 (+11.5%), 0x (ZRX) $0.2025 (+6.06%) and DxChain Token (DX) $0.0009 (+6.02%), The day’s losers are Bytecoin (BCN) $0.0002 (-14.5%), Synthetix Network Token (SNX) $0.8915 (+10.45%)  and Centrality (CENNZ) $0.0931 (-9.38%).

Chart of the day:

ETC/USD, 4-hour chart

Market:

  • Billionaire money manager Jeffrey Gundlach expects that Bitcoin will reach $15,000 in 2020…

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