RATE Group | Bitcoin bulls kick into gear but rallies remain vulnerable
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Bitcoin bulls kick into gear but rallies remain vulnerable

18 Dec Bitcoin bulls kick into gear but rallies remain vulnerable

Posted at 21:14h in Bitcoin News by

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Here’s what you need to know on Wednesday

Markets: 

  • BTC/USD is currently trading at $6,890 (+4.60%) in the afternoon in U.S. hours, as a surge of momentum kicks into gear for bulls. 
  • ETH/USD is currently trading at $126.37 (+5.30%), with the price looking to retest the $130. 
  • XRP/USD is currently trading at $0.1892 (+3.50%), as the bulls look to recover some of the losses from the week, with $0.2000 likely to serve as a new barrier of resistance. 
  • Among the 100 most important cryptocurrencies, the best of the day are ADK $1.60, (+57.00%), SLV $0.578819 (+19.61%) and STRAT $0.36274 (+13.38%). The day’s losers are LUNA $0.209574 (-7.90%), ZEN $6.75 (-6.13%) and FET $0.048608 (-5.25%).

Chart of the day:

BTC/USD 4-Hour Chart:

Market:

  • Riccardo Spagni, the prominent lead developer of Monero, is ending his role as lead maintainer of the protocol, to be replaced by one of the core developers, “Snipa”. Spagni will remain connected to the project as a…

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