Bitcoin (available on Coinbase) price is currently down 2% on the day and selling for $3,792. Today’s action is reminiscent of previous days in the week where the coin has dropped a few percents but then gained a few more and vice versa.
Bitcoin (available on Coinbase) Price
Disappointingly, the coin has failed to break back above the $4,000 mark that it fell below one month ago. It seemed like it might do that this week, as we saw several bursts. However, Bitcoin (available on Coinbase) price remains steady as it holds firmly, and predominantly, between the $3,800-$3,900 price points.
Despite today’s red hue, overall, Bitcoin (available on Coinbase) price is trading up 3.5% on the week. We are in a very strange time for Bitcoin (available on Coinbase), and it’s hard to predict if this trend will stay much longer or if there is another dramatic fall on the horizon. Comparatively to the beginning of 2018, Bitcoin (available on Coinbase) in 2019 looks set to be a totally different beast.
Top Twenty
All the top twenty coins today are seeing some further corrections after the market tipped into the red yesterday.
Ripple (available on Binance)’s XRP has lost even more than Bitcoin (available on Coinbase). XRP is down over 3% and selling for $0.35 at the time of writing. This brings the coin close to full circle on its weekly and monthly charts.
Also down is recently forked Bitcoin (available on Coinbase) SV (BSV), IOTA (MIOTA), and Bitcoin (available on Coinbase) Cash (BCH). All these coins are experiencing bigger losses around the 4% mark.