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March 30, 2018, 07:12:41 AM |
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In connection with the work of the crypto-market in the past ten days there is one interesting aspect. It consists in the fact that the market has not fallen and has not risen in comparison with the previous levels. He constantly moved up and down in the range of $ 280-350 billion.
Several alternative crypto-currencies, such as Ontology and 0x, "outperformed" the main crypto-coins on certain days. This they probably owe to a short-term surge.
However, last week the whole "core" crypto-market moved up and down. Such large crypto-currencies such as bitcoin, Eth, XRP, bitcoin cache, EOS and Cardano have "jumped", following a similar pattern regarding both downward movements and ascending ones.
Today, March 28, bitcoin showed strong sales volumes. The price of the coin reached 8 200 dollars, tried to maintain this level, but fell to 7 750 dollars. And then again rose to 8,117 dollars at the time of writing the article.
Based on the current trend, it is unlikely that bitcoin will return to the level of $ 9,000, unless there is a large surge in the "purchased" volume on all major exchanges.
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