RATE Group | Bitcoin weekly closure is worrying
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Bitcoin weekly closure is worrying

Bitcoin weekly closure is worrying

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Here’s what you need to know on Monday

Markets

BTC/USD is currently trading at $9,640 (+0.80%), the price remains vulnerable under $10,000. 

ETH/USD is currently trading at $258 (+2.20%), market bears are testing critical support at $250. 

XRP/USD is currently trading at $0.3288 (-1.20%), bullish momentum given up and vulnerable underneath $0.3000. 

Among the 100 most important cryptocurrencies, the best of the day are HBAR $0.050622 (+21.55%), VSYS $0.049881 (+20.49%) CENNZ $0.098869 (+14.75%) The day’s losers are BCN BAR $0.000481 (-6.42%), LUNA $0.235295 (-6.30%),  RIF $0.086360 (-6.22%).

Chart of the day: BTC/USD weekly chart (Price action has formed a bearish evening star formation via the weekly. A confirmation of change in bias would be of the current weekly closes below the prior week)

Market

The Electric Coin Company (ECC) and the Zcash Foundation (ZF) has agreed to approve Zcash Improvement Proposal (ZIP) 1014. The team says the ZIP…

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