RATE Group | Crypto Today: Bitcoin smashes below $7000
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Crypto Today: Bitcoin smashes below $7000

02 Jan Crypto Today: Bitcoin smashes below $7000

Posted at 19:19h in Bitcoin News by

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Here’s what you need to know on Thursday 

Markets: 

  • BTC/USD is currently trading at $6,982 (-3.60%) in the afternoon in U.S. hours, price action is consolidating underneath the $7500 barrier. 
  • ETH/USD is currently trading at $127.68 (-3.30%), upside remains capped by $140 resistance. 
  • XRP/USD is currently trading at $0.1887 (-2.65%), price action is vulnerable underneath $0.2000. 
  • Among the 100 most important cryptocurrencies, the best of the day are BST $1.59 (+297%), NEXO $0.400975 (+6.80%) and MANA $0.104585 (+4.50%) and The day’s losers are EKT $0.039331 (-19.90%), RLC $0.386423 (-10.60%) and SLV $0.362140 (-10.00%).

Chart of the day:

  • BTC/USD 60-minute chart (price action smashes out of bearish pennant structure)

Market:

  • Bitcoin (BTC) has already hit a new record in 2020 as the cryptocurrency’s network hash rate once again topped previous all-time highs. 
  • According to a recent report, Sichuan, China, authorities in China, are apparently…

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