CV Market Watch™: Weekly Crypto Trading Overview (July 12-19, 2019)

19 Jul 2019

CV Market Watch™: Weekly Crypto Trading Overview (July 12-19, 2019)

Bitcoin (BTC) had a bearish week, where indicators turned and the asset left its parabolic trend. BTC retreated toward $9,300 in a series of flash-crashes. But just as suddenly, the price recovered by $1,000 late on Thursday, to the $10,500 level.

Bitcoin Price Rallies Above $10,000 and Consolidates

Bitcoin (BTC) traded at $10,351.91 as of 12:30 UTC on Monday, abandoning the earlier trek to above $10,600 and above. The prices consolidated, on volumes around $24 billion’s equivalent.

The share of Tether (USDT) is just under 60% of all BTC trades. However, the supply of USDT is constantly growing. The BTC price dominance is at 65.7%, as altcoins are fighting to improve their positions.

OKEx Crypto Exchange Next to List Dogecoin (DOGE)

Ethereum (ETH) sank briefly under $200 this week, a...

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