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Market Wrap: Bitcoin Price, Dominance Slips; Ether Hits Fresh Record High Over $2.6K – CoinDesk – CoinDesk

The price of bitcoin continues signs of a downtrend while ether hits a new zenith price level.



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The market is clearly choosing other digital assets over bitcoin. Ether hits a fresh record price and BNB dominates.

  • Bitcoin (BTC) trading around $52,612 as of 21:00 UTC (4 p.m. ET). Slipping 4.7% over the previous 24 hours.
  • Bitcoins 24-hour range: $52,889-$55,233 (CoinDesk 20)
  • BTC below the 10-hour and 50-hour moving average on the hourly chart, a bearish signal for market technicians.

Bitcoin had its fourth day of weak market action. The worlds oldest cryptocurrency was seeing some selling action…

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