Author

Topic: [2017-10-27] Bitcoin Price Sets Sail for Uncharted Seas (Read 211 times)

legendary
Activity: 2702
Merit: 4002
Bitcoin markets are doing better on October 26 as the price reached a high of $5,988 during the early morning hours. Currently, bitcoin’s market value is hovering between the $5850-$5,900 range after meeting some resistance above $5,950. At the moment, bitcoin trade volume is strong with $1.9B worth of BTC traded over the past 24-hours. A vast majority of the BTC trade volume still stems from Japan as the yen encompasses roughly 66 percent of bitcoin’s global volume. The USD is capturing 21 percent of the global trade volume at the time of writing, with the rest of the state-issued currencies sharing the leftovers. The top five exchanges pushing massive bitcoin volumes right now are Bitfinex, Bithumb, Bitflyer, GDAX, and Hitbtc. Alongside this, most altcoin markets are in the green, but bitcoin dominance is capturing a 57 percent share out of all the cryptocurrency market caps.

Source https://news.bitcoin.com/markets-update-bitcoin-price-sets-sail-for-unchartered-seas/
Jump to: