Bitcoin surpasse 10 000 $ : Analyse et Perspectives
Bitcoin once again had to fight for the $10,000 level, managing to take the lead as the week progressed.
Bitcoin (BTC) went through a threatening move last weekend, weakening to the $9,400 level and causing fright it would continue on a downward spiral. But BTC managed to survive, spiking above the $10,000 mark on Thursday.
Bitcoin (BTC) Recovers: 5 Reasons for Going Above $10,000 Again
Bitcoin (BTC) reached up to $10,496.89 ahead of the weekend, overcoming the low sentiment this past week. The asset grew more than 7% net since last Friday, despite the mid-week volatility.
Fed Cuts Interest Rate, Bitcoin (BTC) May Get a Boost
Ethereum (ETH) turned four this past week, and even its stagnant price is a stunning progress over the positions during the IEO. ETH traded at $220.24, seeing decentralized finance as a potential boost to prices and activity.
XRP (XRP) remained pressured at $0.31, despite the news of SBI Holdings launching its general public crypto exchange, which would immediately carry XRP. Transactions noted from large Ripple wallets may mean the company will put selling pressure on its own digital asset.
Litecoin (LTC) grew to $97.70, just days ahead of the reward halving, expected this August 6.
Bitcoin Cash (BCH) turned two years old this week, trading at much more subdued prices compared to its price discovery stage. BCH traded at $328.96, up around 6% this past week.
Binance Coin (BNB) stabilized at $28.49, with a very slight difference compared to last week, following the general freeze in the altcoin markets.
EOS (EOS) fell by about 5% to $4.23, still not getting a boost from the launch of activity on Ethfinex.
Bitcoin SV (BSV) stood at $152.19, almost unchanged, as the project is now fighting for its solution to propagate large blocks.
Stellar (XLM) kept its position at $0.083, as other assets failed to rally and displace it. The project recently restarted its testnet for better convenience.
Cardano (ADA) inched down to $0.058, as its blockchain remains largely inactive.
TRON (TRX) continues to unravel, down another 3.7% this week to $0.021, as the project lost credibility and a rally is out of the question at least in the short term.
Monero (XMR) recovered to $83.59, up around 5% this past week.
Unus Sed Leo (LEO) kept its price of $1.28, so far neither crashing nor rallying. The asset is still viewed with some skepticism, as whales hold large amounts of tokens.
DASH (DASH) hovered at $108.07, relatively subdued as the project works on its masternodes solutions and on positioning itself as a means of payment for everyday transactions.
Tezos (XTZ) went up the charts, trading at $1.43, adding more than 41% this week after its listing on Coinbase Pro, with the potential to be extended to Coinbase for a wider audience of investors.
NEO (NEO) displaced other assets, despite sinking to $11.87, as other coins fell through on loss of popularity.
Chainlink (LINK) lost another 9% to $2.17, abandoning the period of easy rallies.
IOTA (MIOTA) sank to $0.29, still not seeing a more significant recovery as older altcoins have almost stopped rallying.
Cosmos (ATOM) inched down to $3.72, following the altcoin trend of slowly unraveling pries.
Ethereum Classic (ETC) is down to $5.99, also losing steam.
BTC re-established its dominance, rising to 65.8% on Friday. Altcoins kept sinking slowly, with only separate rallies as in the case of XTZ. Last week saw more cautious BTC trading, with volumes down by two-thirds since the peak trading period and record prices in June.
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