RATE Group | Bitcoin troubles still linger underneath $9000
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Bitcoin troubles still linger underneath $9000

27 Feb Bitcoin troubles still linger underneath $9000

Posted at 21:48h in Bitcoin News by

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Here’s what you need to know on Thursday

Markets

BTC/USD is currently trading at $8911 (+1.50%), the price has stabilized but remains vulnerable underneath $9000. 

ETH/USD is currently trading at $235 (+4.20%), a near-term pick up after the recent bout of selling pressure, however, the strong resistance should be noted at $250. 

XRP/USD is currently trading at $0.2455 (+5.50%), the bulls will need to break back above $0.2500 to regather decent upside momentum. 

Among the 100 most important cryptocurrencies, the best of the day are WAXP $0.045937 (+27.55%), HBAR $0.037804 (+22.49%) KNC $0.534237 (+15.15%) The day’s losers are ABBC $0.0964287 (-4.42%), MOF$0.964287 (-3.30%), WICC $0.226634 (-2.25%).

Chart of the day: BTC/USD daily chart (the price was caught by a secondary ascending trend line of support, preventing the price from free-falling)

Market

Jeff Dorman – the chief investment officer of the crypto firm Arca, commented on Bitcoin being…

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