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CV Market Watch™: Weekly Crypto Trading Overview (September 27- October 4, 2019)

Published 10/04/2019, 08:40 AM
Updated 10/04/2019, 10:01 AM
 CV Market Watch™: Weekly Crypto Trading Overview (September 27- October 4, 2019)
BTC/USD
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XRP/USD
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ETH/USD
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Bitcoin (BTC) bounced off the $7,800 lows and managed to keep above $8,000 in the past week, with a run-up to above $8,300. Still, there are indications of potentially subdued sentiment.



Binance to Offer Native XRP on Binance Chain

Bitcoin (BTC) traded at $8,186.56, after a brief Thursday crash under $8,300. BTC only briefly returned to lows at $7,830.76 before recovering. For the past week, the peak was at $8,497.69, showing that intraday volatility was still high.

The share of Tether (USDT) reached 66.92% of all BTC pairings, remaining relatively flat. Stablecoin inflows diminished in the past months, coinciding with either price slides or stagnation. The BTC market cap dominance fell to 67.4%.



Swiss SIX Exchange Offers CHF Exposure to Bitcoin (BTC), Ethereum (ETH)

Ethereum (ETH) stabilized in the past week, gaining 5.46% to $175.24. The slowdown in USDT movement through the Ethereum network slowed down activity. ETH got a slight...

This article appeared first on Cryptovest

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