Bitcoin, Ether, and XRP Weekly Market Update September 09, 2019 | BTCMANAGER
Bitcoin, Blockchain & Cryptocurrency News
The total crypto market cap added $14 billion to its value during the last seven days and now stands at $266.1 billion. The top 10 currencies are all in green for the same time frame with EOS (EOS) and Bitcoin Cash (BCH) being the best performers with 12.3 and 7.1 percent of gains respectively. By the time of writing bitcoin (BTC) is trading at $10,300 while ether (ETH) stands at $178. Ripple’s XRP moved up to $0.259.
After closing the month of August with a 4.3 percent loss, bitcoin moved up to $9,780 on Sunday, September 1, and ended the previous seven-day period with an increase of 3.4 percent.
The BTC/USD pair opened the new trading week by forming its fourth consecutive green candle on the daily chart on September 2. The coin registered a 6 percent jump and once again broke above the $10,000 level. Just as predicted, the pair successfully climbed to the mid-$10k levels and stopped at $10,400 – the next major resistance.
On Tuesday, September 3, the most popular cryptocurrency extended its gains and confirmed the break of downtrend, which happened during the previous session. It moved North to $10,620 looking at $11,00 as next major resistance.
The trading day on Wednesday, September 4, found bitcoin correcting its price to $10,577, even though it peaked at $10,850. Bulls registered another losing session on September 5 closing at $10,564.