RATE Group | Bitcoin Price Touches $8,400 While 0x Jumps 16%
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Bitcoin Price Touches $8,400 While 0x Jumps 16%

15 Oct Bitcoin Price Touches $8,400 While 0x Jumps 16%

Posted at 01:36h in Bitcoin News by

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Monday, Oct. 14 — Bitcoin (BTC) started the week with little to no movement in price, touching the $8,400 price mark, while most of the top-20 coins are reporting slight gains.

Market visualization. Source: Coin360

After a weekend of little excitement, the top-20 cryptocurrencies are mostly in the green. As Cointelegraph reported earlier, traders and institutional investors took the blame for Bitcoin reaching highs of $8,460 during the weekend before its sudden drop to $8,200. However, analysts told Cointelegraph that it was more likely the combined selloffs by significant bagholders that triggered the momentary market slump.

Today, the world’s most popular cryptocurrency traded from an intraday low of around $8,280 up to $8,400 before hitting its current trading price of $8,368, showing a subtle gain of around 1.1% in the past 24 hours. 

Bitcoin seven-day price chart. Source: Coin360

Ether (ETH), meanwhile, is holding ground above $186. The number one altcoin hit its intraday…

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