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CV Market Watch™: Weekly Crypto Trading Overview (September 20-27, 2019)

Published 09/27/2019, 08:31 AM
Updated 09/27/2019, 09:41 AM
CV Market Watch™: Weekly Crypto Trading Overview (September 20-27, 2019)
BTC/USD
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ETH/USD
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Bitcoin (BTC) abandoned the relative stability, with a double crash this past week. First BTC burrowed under the $8,500 tier, then in another crash ahead of the weekend went as low as $7,800.



Bitcoin Continues to Tumble But TA Indicates Price at Key Support Level

Bitcoin (BTC) crashed through several levels, for now bottoming out above $7,800. BTC traded at $8,035.56 ahead of the weekend, showing uncertainty and fluctuations.

The share of Tether (USDT) remained around 65%, as the stablecoin volumes remained higher than those of BTC. BTC dominated 68% of the entire market capitalization for crypto assets, while taking up less than 30% of trades.



Bitcoin (BTC) Crash Triggers $600 Million BitMex Liquidations

Ethereum (ETH) encouraged the markets with a peak near $220, but late...

This article appeared first on Cryptovest

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