Bitcoin is ending the week in much the same place it was trading Feb. 5 as sideways movement for much of the week sees prices hover just above $8000.
Cross-exchange data from Coinmarketcap shows Bitcoin beginning and closing the past seven days at around $8300, having slid to a low of $6111 Feb. 6 before peaking at $9109 on Saturday, Feb. 10.
The market remains influenced by regulatory activity in major trading markets such as India and the US. Cointelegraph additionally reported throughout the week that press attention surrounding the Indian and US moves was contributing to the volatility.
On social media, traders and commentators had made calls for a reversal in Bitcoin’s fortunes, which began in earnest towards the weekend before support broke above $9000.
what can i say now?regarding this progress of bitcoin,i just cant imagine how looks like those who bully bitcoin th could dip to $3,000 or some said its bitcoins doomsday the time that this coin wil die,now that were back in track i want to call the attention of those fool that think we will surrender and give up faith on holding our precious coins Cross-exchange data from Coinmarketcap shows Bitcoin beginning and closing the past seven days at around $8300, having slid to a low of $6111 Feb. 6 before peaking at $9109 on Saturday, Feb. 10.
The market remains influenced by regulatory activity in major trading markets such as India and the US. Cointelegraph additionally reported throughout the week that press attention surrounding the Indian and US moves was contributing to the volatility.
On social media, traders and commentators had made calls for a reversal in Bitcoin’s fortunes, which began in earnest towards the weekend before support broke above $9000.
