RATE Group | Sharding, True USD Launches and More Custody Players: This Week in Crypto
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Sharding, True USD Launches and More Custody Players: This Week in Crypto

16 Sep Sharding, True USD Launches and More Custody Players: This Week in Crypto

Posted at 08:10h in Cryptocurrency News by

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usd cryptocurrency correlation

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 week’s 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 5.46% this week to $6,500 after a somewhat tumultuous week. On Monday, we reported that despite Bitcoin’s price being at $6,300, the market was heading for a 2018 low. The price continued to appreciate slowly and oscillated between $6,300 and $6,400 on Tuesday, September 11th before declining to $6,200 later in the day. Over the next two days, the market managed to re-approach the $6,500 level and continued to approach $6,600 through Tuesday. Analysts consider these weeks move to have found stability at the $6,500 level.
  • Ethereum is up 16% this week to $222 after a hard drop of 31% last week, 5% the week before and drops of 11%  and 24%…

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