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CAN BITCOIN HIT $11000 BY THE END OF THE WEEK

Over the past few days, bitcoin has been trading at $10,500. But on the eve of the coin, it began to receive support, and on the night of September 6, the BTC rate rose to $ 10,712. The market capitalization of the first cryptocurrency is now $ 192.762 billion.

If you look at the Bitcoin movement chart, you can see how the coin strengthens and approaches the psychological mark of $11,000. At the time of publication of this review, BTC was trading in the green zone.

Over the next few hours, cryptocurrency can overcome the $11,000 milestone, while some optimists believe that if this mark is taken, we will see a positive trend continue and even reach $13,000.

The Asian market today supported Bitcoin, now it is the turn of European and American traders. Other digital currencies are mainly traded in the growth zone. Ethereum (ETH) and Litecoin over the past few hours have added about 0.3% to $176 and $67, respectively.

The cryptocurrency market capitalization is now just close to $271 billion, and the Bitcoin dominance index is still above 71%.

However, this indicator, according to analysts at Binance Research, will decline, as many investors are beginning to attract altcoins, whose cost is much lower than BTC.

Sep-14-2019 03:56:24 PM