RATE Group | Crypto Market Sends Mixed Signals as Ether and Bitcoin Price See Green
58319
post-template-default,single,single-post,postid-58319,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Crypto Market Sends Mixed Signals as Ether and Bitcoin Price See Green

16 Aug Crypto Market Sends Mixed Signals as Ether and Bitcoin Price See Green

Posted at 19:57h in Bitcoin News by

[ad_1]

Friday, Aug. 16 — Bitcoin (BTC) and Ether (ETH) are seeing some upward movement as XRP continues to slump.

Market visualization. Source: Coin360

Market visualization. Source: Coin360

Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase on the day. Bitcoin is seeing some momentum for an upward climb, peaking at $10,500 so far and continuing to stay away from the four-figure mark it fell to yesterday. Still, BTC needs to climb by about 15% to retake the $12,000 barrier, which it surpassed multiple times earlier this month.

Earlier today, anticipated BTC futures platform Bakkt announced that it has been approved for launch — namely by the Commodity Futures Trading Commission and New York State Department of Financial Services — and will roll out on Sept. 23.

Bitcoin 7-day price chart. Source: Coin360

Bitcoin 7-day price chart. Source: Coin360

The number two cryptocurrency, Ether, has turned around to trade slightly in the green today. ETH is trading over $185, showing a 0.61% increase on the day. ETH has largely been on the decline…

[ad_2]

Source link

Tags:
, , , , , , , ,