Bitcoin returned to $9,300 on Nov. 1 after a period of downward pressure gave away to fresh positive sentiment.
Data from Coin360 put the largest cryptocurrency at around $9,200 as of press time Friday, with 24-hour performance seeing it dip as low as $9,060.
As Cointelegraph reported, technical problems on two major exchanges appeared to spark brief panic on markets.
After reaching around $9,365, BTC/USD saw a sharp dip across the board.
On Friday, another scare, this time involving a user data leak at cryptocurrency derivatives giant BitMEX, delivered comparatively little impact.
The recovery thus places Bitcoin back in the middle of the range it has traded in for almost one a week.
According to Cointelegraph contributor Michaël van der Poppe, such behavior is realistic.
Altcoins meanwhile saw a remarkably calm day, with major tokens barely moving from the previous day's position.
Ether, the largest altcoin by market cap, gained 0.8% to trade near $182. Others in the top twenty cryptocurrencies fared similarly, moving up or down by a maximum of around 1%.Ether seven-day price chart.
The overall cryptocurrency market cap stood at $246 billion, with Bitcoin's share at 67.5%.Keep track of top crypto markets in real time here.
Bitcoin Price Ranging Under $9.3K Is 'Extremely Fine,' Says Analyst
gepubliceerd op Nov 1, 2019
by Cointele | gepubliceerd op Coinage
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