RATE Group | Crypto Today: Bitcoin bear market returning
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Crypto Today: Bitcoin bear market returning

25 Feb Crypto Today: Bitcoin bear market returning

Posted at 19:56h in Bitcoin News by

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Here’s what you need to know on Tuesday

Markets

BTC/USD is currently trading at $9340 (-2.50%), the bears gain full control again forcing a further reversal of 2020 gains. 

ETH/USD is currently trading at $250 (-5.70%), set to breach critical support at $250-40 remains intact, the neckline area of a daily double top. 

XRP/USD is currently trading at $0.2550( -5.50%), smashing critical support at $0.2650, allowing for a fresh wave of selling pressure. 

Among the 100 most important cryptocurrencies, the best of the day are WICC $0.287112 (+5.55%), KNC $2.42 (+1.49%) BCN $0.000535 (+1.15%) The day’s losers are ALGO $0.419063 (-14.42%), SC $0.002370 (-13.30%), KNC $0.515314 (-13.25%).

Chart of the day: XRP/USD daily chart (price action breaking to the downside below a neckline of head and shoulders pattern)

Market

CREAM, a leading strategic advisory and investment firm involved with the VeChain (VET) blockchain project has entered into a business…

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