RATE Group | Bitcoin set to retest critically breached range block
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Bitcoin set to retest critically breached range block

Bitcoin set to retest critically breached range block

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Here’s what you need to know on Wednesday

Markets: 

  • BTC/USD is currently trading at $8,114 (+2.25%) in the afternoon in U.S. hours, following a wave of upside momentum as price smashes through $8000 barrier. 
  • ETH/USD is currently trading at $140.15 (-1.90%), losing ground on the key $140 mark.
  • XRP/USD is currently trading at $0.2085 (-1.85%), much profit-taking coming into play following the big bull run on Monday.
  • Among the 100 most important cryptocurrencies, the best of the day are BCD $0.407484 (+25.60%), NEX $1.03 (10.49%) and ZEN $8.84 (+10.30%) and The day’s losers are SNX $0.000247 (-12.90%), KNC $0.0.079452 (-10.70%) and CENNZ $0.95382 (-8.70%).
  • Chart of the day: BTC/USD daily chart. (BTC/USD retesting 29-30 November top area)

Chart of the day: BTC/USD daily chart

Market:

  • Bitcoin is perhaps Bitcoin, perhaps debatably finding its place as a so-called safe-haven asset, has moved sharply higher after Iran retaliated for the U.S. killing of…

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