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CV Market Watch™: Weekly Crypto Trading Overview (April 5-12, 2019)

Published 04/12/2019, 09:00 AM
Updated 04/12/2019, 10:02 AM
CV Market Watch™: Weekly Crypto Trading Overview (April 5-12, 2019)
BTC/USD
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XRP/USD
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ETH/USD
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Bitcoin (BTC) saw another week of added volatility, breaking new price records and extending a tentative rising trend that is bucking the bear market for a few weeks now. The recovery has seen prices stabilize around $5,000, though with doubts whether those price levels are sustainable/



Bitcoin (BTC) Price Moved Above $5,400 Continuing Uptrend

Bitcoin (BTC) spent the entire week above $5,000. On Friday, the leading asset traded at $5,084.22, after reaching a weekly peak at $5,421.65. The current market prices are marking a rising trend in the past month, extending the gains in March.

The share of Tether (USDT) remained around 70% for the past week, as dollar trading returned. Trading volumes remained above $17 billion’s equivalent in 24 hours.



Bitfinex Removes $10,000 Minimum Investment Requirement

Ethereum (ETH) was also volatile, reaching a weekly peak at above $184. On Friday, the asset sank to $165.84, closer to its usual range, with only 1.2% net weekly gains.

XRP (XRP) fell toward $0.32, once again pressured by a Thursday c...

This article appeared first on Cryptovest

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