RATE Group | Bitcoin creeps towards $6,500 as cryptocurrency market switches to recovery mode
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Bitcoin creeps towards $6,500 as cryptocurrency market switches to recovery mode

27 Apr Bitcoin creeps towards $6,500 as cryptocurrency market switches to recovery mode

Posted at 00:18h in Cryptocurrency News by

Here’s what you need to know on 

Markets:

BTC/USD is changing hands at $6,420 after a short-lived spike above $6,500. The coin has gained over 5% since this time on Monday and stayed mostly unchanged since the beginning of the day. BTC is currently moving within a short-term bearish trend amid shrinking volatility. 

At the time of writing, ETH/USD is changing hands at $131.70, with gains of nearly 3% on a day-to-day basis. The second-largest coin hit the Asian high at $134.35. Now ETH/USD is moving in a short-term bullish trend amid high volatility.

XRP/USD settled above $0.1700, but the upside momentum faded away. The coin has been moving in a tight range during early Asian hours amid expanding volatility. The short-term trend is currently bearish. 

Among the 100 most important cryptocurrencies Orbs (ORBIS) $0.0142 (+60.3%), Energi (NRG) $2.02 (+18.3%), Quant (QNT) $3.96 (+16.6%) are in the green zone. The day’s losers are Status (SNT) $0.0180 (-3.4%),…

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