in

Bitcoin, Monero, Binance Coin, Stellar, ChainLink

Cryptocurrency markets witnessed another exciting week as the Bitcoin [BTC] began the week with a robust bullish action, but failed to yield. Furthermore, the altcoin ‘hodlers‘ suffered massive losses to the tune of more than 20%.

Moreover, Bitcoin [BTC] bulls also seem exhausted at the moment as the price keeps falling to find support. Overall, this was a bearish week for the cryptocurrency markets as the market capitalization dropped. The losses for altcoin traders were further accentuated by the rising dominance of Bitcoin; which is currently 65.4%.

BTC/USD 1-Day Chart on Bitstamp (TradingView)

Opening Price: $$11,300

Closing Price: $10,612

The weekly Loss: 6%

Weekly High/Low: $13200/$10,555

The general sentiments of the market were bearish. Hence, while…

What do you think?

0 points
Upvote Downvote

Binance’s Listing of Dogecoin Makes Waves

Facing A Bearish Market Trend, Introduced Smart Contract for End-Users on Blockchain