02 Sep Is Wright Wrong, Ethereum Block Reward Cut and Big Raises: This Week in Crypto
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Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, Youtube or wherever you get your podcasts.
Price Watch:
- Bitcoin is up 7.15% to $7,200 after fluctuating just below the $7,000 mark last Sunday before finally breaking it on Tuesday. The price soared past $7,000 to $7,100 on Wednesday. The party didn’t last long with the party falling back down below the $7,000 mark the next day. The price found strong support at the $6,800 level and was able to recover to $7,200.
- Ethereum is up 7% to $292. The coin is still able to sustain breaking the crucial $300 price level and move with Bitcoin this week. The increase is encouraging after a 5% decline last week preceded by drops of 11% the week before and 24% the week before and single and double-digit drops…
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