RATE Group | Bitcoin price LIVE: Crypto prices rally into the green but it may not be recovery | City…
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Bitcoin price LIVE: Crypto prices rally into the green but it may not be recovery | City…

12 Aug Bitcoin price LIVE: Crypto prices rally into the green but it may not be recovery | City…

Posted at 12:48h in Bitcoin News by

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DAILY HEADLINES

Good afternoon and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. 

Some good news finally arrives for crypto investors as bitcoin prices slowly climb back into the green and sustain. 

BTC rose 3.21 percent to trade at $6,348.56 as of 12am today.

The rest of the market fared well too, with Ethereum rising 1.77 percent to trade at $323.39. 

Ripple increased 2.34 percent to go for $0.306127, while Litecoin jumped by 7.42 percent to sell for $60.68.

Bitcoin suffered heavy losses in the last few weeks, dropping more than $1,000 in just under a week to see prices drop to the lowest point in six months. 

Is this the recovery needed to see bitcoin soar?

12.30 UPDATE: Bitcoin dominance rate hits 50 percent as investors drop altcoins

According to data from CoinMarketVap, Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.

Specifically, CoinMarketCap’s bitcoin…

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