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CV Market Watch™: Weekly Crypto Trading Overview (November 15-22, 2019)

Published 11/22/2019, 09:47 AM
Updated 11/22/2019, 11:01 AM
 CV Market Watch™: Weekly Crypto Trading Overview (November 15-22, 2019)
BTC/USD
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ETH/USD
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Bitcoin (BTC) briefly stabilized above $8,500, before sinking down to $7,077 on futures markets and around $7,115 on spot markets.



Bitcoin (BTC) Dips Below $8,000 in Bull and Bear Fight

Bitcoin (BTC) erased several tiers, sliding down by hundreds in a day. The past week saw a bull-and-bear fight, in which the price attempted to bounce. But BTC slid progressively, trading at $7,100.34 as of 2:00 UTC and to $7,081 minutes later, with signs of further corrections possibly under the $7,000 mark. With the latest moves, BTC failed the predictions for bouncing from $7,400, where it spent a short time before crashing again.

The share of Tether (USDT) moved between 77% and 85% as volumes rose above $25 billion in the past day. The BTC market cap dominance was around 66%, as altcoins corrected deeper.



TRON (TRX) Meets Another Airdrop Token

Ethereum (ETH) crashed rapidly to $148.83, an especially painful correctio...

This article appeared first on Cryptovest

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