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Cryptocurrency records a variation ,Bitcoin settles above 10,000

2019-07-19 03:55 pm | Resource: | No Views : 42

Cryptocurrency records a variation ,Bitcoin settles above  10,000  Bitcoin rose during late trading on Thursday and Friday to record gains above $ 10,000 to prove that it will not stay long in the four-digit price area again for $ 1,000 in less than an hour.

Late on July 18, the price of Bitcoin rose from a low of about $ 9.300, exceeding the range of $ 10,500 at once. The leading currency remained with those prices, reflecting the expected decline to as high as $ 7,400.

 At the moment, Bitcoin lost its power. Since peaking at only $ 14,000 in late June, the cryptocurrency saw a 35% rebound, and fell to as much as $ 9,100 earlier this week.

With this strong correction, which comes shortly after many analysts expected to break $ 20,000, Bitcoin fell to less than $ 10,000 twice in July, ignoring the downward trend recorded in June. The original also entered the bearish territory based on moving averages. However, Bitcoin behavior is still unpredictable, with the ability to affect the price in a coordinated effort.
Bitcoin slipped out of the top five with a total transaction volume of $ 381.78 million in market movements.
This week saw $ 381.78 million in Bitcoin transactions, with a total transaction cost of $ 27.41. Paradoxically, the first deal, totaling $ 146 million, was the lowest transaction cost of $ 1.44.

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  • Bitcoin recorded high trading at $ 10.461.6, up 0.56% per day.
  • Ethereum was trading at $ 219.13, down 2.48%.
  • Bitcoin Cash recorded a decline of 3.05% to trade at 303.71.
  • XRP recorded a decline of 3.17% to trade at $ 0.32.

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