RATE Group | Bitcoin & Crypto Market Accelerating South: LTC, BNB, BCH, TRX Analysis
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Bitcoin & Crypto Market Accelerating South: LTC, BNB, BCH, TRX Analysis

24 Jul Bitcoin & Crypto Market Accelerating South: LTC, BNB, BCH, TRX Analysis

Posted at 07:02h in Bitcoin News by

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  • The total crypto market cap extended losses and broke the $260.0B support area.
  • Bitcoin price is down more than 6% and it recently broke the $10,000 and $9,800 supports.
  • Binance coin (BNB) price declined around 8% and it is back below the $30.00 support area.
  • Litecoin (LTC) price failed to hold the $90.00 support level and declined heavily.
  • BCH price declined nearly 10% and broke the key $300 and $290 support levels.
  • Tron (TRX) price trimmed all its recent gains and declined below the $0.0250 support.

The crypto market cap and bitcoin (BTC) are accelerating lower. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS are also showing a lot of bearish signs.

Bitcoin Cash Price Analysis

After a failed attempt near the $320 level, BCH price extended its decline against the US Dollar. The BCH/USD pair broke the key $300 and $290 support levels to move back in a bearish zone. The price is down nearly 10% and it is trading close to $275.

An immediate support is near the $270 level, below…

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