RATE Group | Bitcoin remains vulnerable underneath $7500 barrier
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Bitcoin remains vulnerable underneath $7500 barrier

Bitcoin remains vulnerable underneath $7500 barrier

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Here’s what you need to know on Monday

Markets: 

  • BTC/USD is currently trading at $7,224 (-2.15%) in the afternoon in U.S. hours, price action is consolidating underneath the $7500 barrier. 
  • ETH/USD is currently trading at $131.39 (-2.30%), upside remains capped by $140 resistance. 
  • XRP/USD is currently trading at $0.1920 (-2.25%), price action is vulnerable underneath $0.2000. 
  • Among the 100 most important cryptocurrencies, the best of the day are WAVES $1.07 (+8.00%), ETP $0.400975 (+5.35%) and DGD $18.02 (+4.50%) and The day’s losers are DX $000.852 (-10.90%), BCD $0.594415 (-9.00%) and CENNZ $0.93890 (-7.00%).

Chart of the day:

BTC/USD daily chart

Market:

  • Justin Sun, the founder of Tron (TRX) cryptocurrency and the CEO of the BitTorrent platform has announced a new acquisition for the platform. Sun detailed that he has a special announcement on January 1, 2020, for the BitTorrent family. 
  • Blockchain-based payments company Ripple Inc. are…

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