RATE Group | The cryptocurrency market looks bearish; Bitcoin (BTC) and major altcoins drift away fro…
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The cryptocurrency market looks bearish; Bitcoin (BTC) and major altcoins drift away fro…

09 Aug The cryptocurrency market looks bearish; Bitcoin (BTC) and major altcoins drift away fro…

Posted at 07:38h in Cryptocurrency News by

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  • Bitcoin is hovering at $11,900 after a failed attempt at $12,000.
  • Tezos and Binance coin are the best performers of the day.  

The cryptocurrency market is sliding down during early Asian hours with Bitcoin and the vast majority of altcoins deep in the red. The total market capitalization has settled at $307 billion; an average daily trading volume is registered at $57 billion. Bitcoin’s market dominance climbed to a new high above $69.1%.

Top-3 coins  price overview

BTC/USD is changing hands at $11,900 handle, mostly unchanged both on a day-on-day basis and since the beginning of Friday. The first digital asset made another unsuccessful attempt to settle above $12,000, as BTC bulls are not strong enough for a decisive move.

Ethereum, the second-largest digital asset with the current market capitalization of $23.5 billion, has settled at $218.50. The coin has lost nearly 3% of its value in recent 24 hours and 1% since the beginning of the day….

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