RATE Group | Bitcoin bulls try to recover losses ahead of the weekend
87146
post-template-default,single,single-post,postid-87146,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin bulls try to recover losses ahead of the weekend

01 May Bitcoin bulls try to recover losses ahead of the weekend

Posted at 09:07h in Bitcoin News by

Here’s what you need to know on Friday

Markets:

BTC/USD is changing hands at $8800, having recovered from the intraday low of $8,650. amid strong rally during early Asian hours. The first digital coin has lost 5% in the recent 24 hours and gained 1.8% since the beginning of Friday. Now it is trading within the strong short-term bearish bias amid expanding volatility.

At the time of writing, ETH/USD is changing hands at $213.50. The price tested area above $215.00 during early Asian hours and the upside momentum remains strong. The second-largest coin increased by 3.8% since the beginning of Friday. Now ETH is moving within a short-term bullish trend. The volatility is growing.

XRP/USD is hovering below $0.2200. The coin has recovered from Thursday’s collapse to $0.2000 and gained nearly  4% since the start of the day.  From the short-term perspective, XRP/USD is trading within a bullish trend amid high volatility.

Among the 100 most important…

Source link

Tags:
, , , , ,