RATE Group | Bitcoin is set to retest $7,000
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Bitcoin is set to retest $7,000

Bitcoin is set to retest $7,000

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Here’s what you need to know on Thursday

Markets: 

  • The BTC/USD is currently trading at $7,120 (-1% a day-to-day basis). The coin has been moving within a short-term bearish trend in Asian amid shrinking volatility.
  • The ETH/USD pair is currently trading at $129.4 (-0.65% on a day-to-day basis). The Ethereum recovered from the intraday low of $128.3, though it is still below the critical $130.00.
  • XRP/USD locked in a tight range marginally above $0.19 area. At the time of writing, the coin is down 1.1% of losses on a day-to-day basis.
  • Among the 100 most important cryptocurrencies, the best of the day are Seele (SEELE) $0.1510 (+9.85%),Bytecoin (BCN) )$0.0002 (+8.5%) and Matic Network (MATIC) $0.0149 (+7.9%). The day’s losers are EDUCare (EKT) $0.0438 (-13.8%), LUNA (LUNA) $0.2179 (-10.26%), Centrality (CENNZ) $0.0899 (-5.8%).

Chart of the day:
ETH/USD, 1-hour chart


Market:

  • Some Litecoin community members believe that Charlie Lee, the founder of Litecoin,…

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