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Bitcoin continues to decline and Cryptocurrency is tracked blindly

2019-07-26 12:37 pm | Resource: News | No Views : 29

Bitcoin continues to decline and Cryptocurrency is tracked blindly In a largely predictable move, the Bitcoin currency dropped below five digits again. The most predictable is the retreat of the other major Cryptocurrency as it also fell in the red zone during this morning's trading session.

Bitcoin declines about $ 9600

After yesterday's rally to $ 10,200 which was short-lived. Bitcoin spent only 12 hours trading above $ 10,000 before retreating in a big red candle every hour again. The 12 hours that followed saw a steady decline at the day's low of $ 9,650. Since then, BTC has recovered a small portion of the trading at just under $ 9800.

There is support here at a low level around $ 9,200 as Bitcoin has fallen like last week. To maintain the general trend fluctuating with the tendency to decline as the daily trading volume fell to 15 billion dollars, but the dominance of the market is still slightly more than 67 per cent.

Traders began to follow the movements of Bitcoin dominance and some wonder whether it will have any impact on the main Cryptocurrency. Trading in a specific range without any clear direction does not seem to be paying attention at the moment

Cryptocurrency trades

As usual, the main cryptocurrency followed the most prevalent currency as it tended to follow its leader and recorded a decline mostly as we finished another week of trading. The total market value shrank by the same amount as yesterday, $ 10 billion.
  • ETH is still weak with another 3 per cent loss today as it drops back to $ 217. Since its peak year, ETH has corrected 38 percent. Relatively speaking,
  • Bitcoin currently recorded a 30 percent correction.
  • XRP percent or so dropped to $ 0.315.
  • The lost Litecoin couple dropped to $ 93.
  • The LTC has now been reduced by half after only ten days, but Fomo seems to have dried up all due to these assets.
  • Both Bitcoin SV, Tron, NEO and Cosmos all fell by 3 per cent today
  • And only Bitcoin Cash and Cardano in the Green Zone with a rise of 1.5% each. It can be another quiet weekend for coding markets.

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