CV Market Watch™: Weekly Crypto Trading Overview (August 31-September 6, 2019)
Cryptovest
Published Sep 06, 2019 08:16AM ET
Updated Sep 06, 2019 09:21AM ET
CV Market Watch™: Weekly Crypto Trading Overview (August 31-September 6, 2019)
Bitcoin (BTC) languished only shortly around the $9,500 bottom, quickly regaining positions above $10,000 in a fast move, as usual. The BTC price growth, for now, continues to depress altcoins, which are failing to attract renewed interest.
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The share of Tether (USDT) remains above 75% of all BTC volumes, pushing up the price after another printing of 15 million USDT and more coins sent to exchanges. The BTC price dominance expanded to 71.15, levels not seen since the altcoin rally in the summer of 2017.
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