RATE Group | Bitcoin must hold $5000 this time or face much punishment from bears
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Bitcoin must hold $5000 this time or face much punishment from bears

17 Mar Bitcoin must hold $5000 this time or face much punishment from bears

Posted at 20:34h in Bitcoin News by

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Here’s what you need to know on Tuesday

Markets

BTC/USD is currently trading at $5240 (+3.65%), if the Bitcoin gives up $5000 this time then further FUD will likely come into play. 

ETH/USD is currently trading at $115 (+1.60%), Ethereum has stabilized but at risk of a $100 barrier retest. 

XRP/USD is currently trading at $0.14 (+0.60%), the price caught some respite, however, the threat of a $0.1000 return remains. 

Among the 100 most important cryptocurrencies, the best of the day are WAXP $0.037424 (+35.00%), KCS $0.99375 (+15.75%) KMD $0.32031 (+15.15%) The day’s losers are DAI $1.00 (-4.24%), EURS $1.06 (-3.30%), BUSD $0.979316 (-2.25%).

Chart of the day: BTC/USD daily chart (price action is narrowing within a bearish pennant structure) 

Market

Tim Draper is now investing in DeFi Money Markets DAO (DMM DAO), according to a DMM Foundation spokesperson. 

Coinbase and Circle-backed USDC is now available for use as collateral on the premiere…

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