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An optimistic week for Bitcoin’s price could be what is needed to see the token surge

Bitcoin might not be seeing massive gains, but the token has been showing positive inclinations over the past week.

Data taken from Coin360 and CoinMarketCap show the state of the cryptocurrency right now and how the tokens have been moving over the week. Although Bitcoin is currently showing red in trading over the past 24 hours, the market is in a better place overall than it was this time last week.

Evidence of the movement of Bitcoin price can be seen in the token’s charts over the week. The beginning of the weekend saw a leap from Bitcoin’s ranging from $3400 USD to a market cap of nearly $3700 USD. Since then, the token has remained somewhat stable above $3600 USD in both market cap and price valuation.

Ethereum, which now stands as the leading altcoin, has followed Bitcoin’s price movements. Ethereum also saw a jump in price over the weekend, heading from a price of around $104 USD to above $124 USD. Currently, Ethereum is bearing a total price valuation of $120.83 US.

Read Full Story : Coin Insider

2019-02-11 11:15:08

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