0 Nick Robinson Posted May 17, 2019 Author Share Posted May 17, 2019 Quote Link to comment Share on other sites More sharing options...
0 Ilija Rankovic Posted May 17, 2019 Share Posted May 17, 2019 Crypto is facing some heavy resistance at the $8000 or so level. Bitcoin is, after a few days of explosive growth, facing a minor correction, which is a well-deserved one. Most of the top 20 cryptocurrencies are, however, showing some moderate gains on the daily chart. Bitcoin has declined over 1.5%, trading at around $7,900, and is expected to drop some more during the evening/night. However, the weekly chart shows BTC is up nearly 23%. As far as altcoins are concerned, Ether (ETH) is holding onto its position as the second largest cryptocurrency and the largest altcoin by market cap. It has gained close to 12% in the previous 24 hours (though ETH faced some correction as well as of lately). The second-largest altcoin, XRP, on the other hand, lost some of its value in during the past day, but is still up over 27% during the period of the whole week. Quote Link to comment Share on other sites More sharing options...
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