Day: May 30, 2018

Bitcoin Cash Holding Above $1K

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Bitcoin Cash price (BCH) rebounded from a one-month-low of $890 amid a broader market rally. The fourth largest coin rose at a double-digit rate in Tuesday’s trade and is increasing at a mid-single digital rate today. The BCH coin trades above $1K today – with the market cap of $17.4 billion. The coin gets the majority of volume from the Asian markets. OKEx, Bitfinex, and Huobi accounted for almost 25% of the total trading volume. Some analysts believe that Bitcoin Cash has hit the bottom and is set to move higher…

Bitcoin Price Watch | BTC/USD Erases Gains, New Bearish Run Confirmed

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This morning, Bitcoin erased yesterday’s gains and fell below the $7,500 price level. It’s currently trading in a range from $7,330 to $7,350. At the moment, Bitcoin is on another bearish run, testing a support of $7,300. However, the cryptocurrency is showing positive signs against the 100-day moving average, facing a barrier of $7,500 to $7,600. BTC/USD On New Bearish Run Following the recent price actions, BTC/USD is now on a new bearish run toward a major support of $7,300. The trading volume spike indicates that a minor selloff occurred…