RATE Group | Bitcoin failure to above $7000 could be very punishing
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Bitcoin failure to above $7000 could be very punishing

Bitcoin failure to above $7000 could be very punishing

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Here’s what you need to know on Friday

Markets

BTC/USD is currently trading at $6663 (+0.65%), the price is moving within consolidation mode, ahead of another attempt at $7000.

ETH/USD is currently trading at $136 (+1.45%), heavy supply runs from $140-150.

XRP/USD is currently trading at $0.16 (+9.20%), bulls are knocking on the door of a critical barrier at $0.1800.

Among the 100 most important cryptocurrencies, the best of the day are QNT $3.64 (+34.00%), MKR $330.33 (+19.65%) CHZ $0.007084 (+12.15%) The day’s losers are EDC $0.013185 (-17.42%), GNT $0.034065 (-1.55%), RVN $0.0015336  (-1.30%).

Chart of the day: XRP/USD daily chart (critical daily break above narrowing range)

Market

EOS creator Block.one has acquired the team behind once-prominent block producer EOS New York, which has now entirely ceased operations. Block.one, which raised more than $4 billion in a yearlong initial coin offering (ICO) in 2018, said Wednesday it had hired EOS New…

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