In the past 7 sessions, the crypto market has been bullish. On July 8, till 6.14 pm UTC, Bitcoin was quoted at US$ 21,708.30 surging by 0.30%. However, Bitcoin has also surged by 12.48% in the last 5 days. Yesterday, the asset closed at US$ 21,644.20. However, other major crypto coins have fallen marginally today. The assets are trying to recover from the consistent fall.
Ether was quoted at US$ 1,227.74, falling by 1.00%. Yesterday, the asset closed at US$ 1,240.14. Litecoin was quoted at US$ 51.75, falling sharply by 0.71%, Dogecoin was quoted at US$ 0.0696 falling by 1.49%, and Cardano was quoted at US$ 0.4649 falling by 2.64%, in the past 5 days.
Commenting on the Crypto market trend, analyst Jim Wyckoff told Kitco News, “Bitcoin-U.S. dollar prices are higher and hit a three-week high in early U.S. trading Friday. The price downtrend on the daily bar chart has been negated and the bulls have some momentum to drive prices at least sideways, if not sideways to higher, in the near term.”
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