Bitcoin losses about $700

Posted 29 August, 2019


On Thursday, August 29, the average market price of Bitcoin dropped to $9,575. The cryptocurrency began to fall in price on the evening of August 28, when its value reached $10,270. During the decline, coin trading volumes increased by 37%, now they amount to $18.5 billion. 

NewsBTC analyst Ayash Jindal believes that Bitcoin has broken the support level at $9,760 and is now moving towards the $9,500 mark. If the asset goes down, then the fall should slow down at $9,200. The expert warned that any upward movement will meet resistance in the zones of $9,800 and $9,850.

Only seven altcoins of the hundred largest by capitalization are in the "green zone". Over the past day, Ethereum has fallen in price by 9% and is now trading at $170, the cost of XRP dropped by 5% to $ 0.253, Bitcoin Cash and Litecoin lost 8% and 9% of the price, respectively.

The total cryptocurrency market capitalization has declined by 6% over the past few hours. At the moment, it is $248 billion with trading volumes of $61 billion.  

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30 August, 2019 11:33

← Binance X platform officially goes live

The leading cryptocurrency exchange – Binance – reportedly inaugurated its new platform Binance X aimed at developers and mass promotion of cryptocurrencies. The platform developers will be able to get and share the experience as well as cooperate while building blockchain-based solutions for Binance ecosystem (Binance(dot)com, Binance Chain and Trust Wallet).

Binance X platform officially goes live

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29 August, 2019 16:27

Oil prices follow different trends →

Oil benchmarks show different trends on Thursday, following yesterday's leap on lower oil reserves reports by the US Energy Department. According to the market data, October futures for Brent oil are priced on London ICE Futures at $59.92/bbl, which is 0.05% down. October WTI futures improved on NYMEX to $56.20/bbl.

Oil prices follow different trends
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