Bitcoin and Ether Market Update: September 12, 2019 | BTCMANAGER
Bitcoin, Blockchain & Cryptocurrency News
Total crypto market cap lost $7.3 billion to its value since Monday, September 9, and now stands at $259.4 billion. Top ten coins are mostly in red for the last 24 hours with Binance Coin (BNB) and Bitcoin SV (BSV) being the worst performers with 5 and 3.7 percent of losses respectively. At the time of writing bitcoin (BTC) is trading at $10,080 on the Bitstamp daily chart, while ether (ETH) moved down to $177 and Ripple’s XRP dropped to $0.252.
After peaking at $10,952 on September 6, bitcoin was pushed back down to the mid-$10k levels two days later. It closed the seven-day period at $10,400 on Sunday, September 8 with 5.6 percent of increase for the period.
The BTC/USD pair opened the new trading week with a volatile session during which we saw it moving in the $10,600-$10,200 range. It closed the day on Monday, September 9, at $10,297.
On Tuesday, September 10, it moved even lower losing 2.4 percent of its value by closing at $10,070. The coin was now once again close to the last five-figure support.
The $10,000 level was not quite stable during the past few weeks, still bulls were hoping to hold it for a longer period this time in order to consolidate.
The mid-week session on September 11 brought some stability as the most popular cryptocurrency erased some part of the loses from the previous session and climbed to $10,158.