Bitcoin Hovers Near $7K, as Wider Market Tips Back Into the Green

in #mgsc • 6 years ago


Bitcoin’s 7-day price chart. Source: Cointelegraph Bitcoin Price Index

On the week, Bitcoin remains up a solid 6.45 percent, and has closed its monthly losses to around 10.6 percent.

Ethereum (ETH) is trading around $277 at press time, seeing a negligible percentage change on the day. The altcoin has barely budged in response to bullish news that the Chicago Board Options Exchange (CBOE) is looking to launch ETH futures by the end of 2018.

Having seen a strong price surge August 28-29, Ethereum is now back within the trading range it jaggedly held between August 20 and August 27. On its weekly chart, Ethereum is up 2 percent, with monthly losses at a hefty 35.6 percent.

6 years ago in #mgsc by
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