Market Analysis
Bitcoin (BTC) has returned to the $10,000 region while Ether (ETH) inches above the $220 mark after the cryptocurrency market suffered a few blows.
Bitcoin (BTC) and Ether (ETH) both show signs of struggle in returning to their previous trading positions before the recent sharp price dive.
Bitcoin (BTC), Ether (ETH), and Ripple (XRP) all head down south after failing to overcome the bearish moves, following the drop on July 2.
The bulls need to push the BTC/USD pair to clear the $11,450 level if they wish the Satoshi Nakamoto coin to go on an upward movement to close the week.
Bitcoin (BTC) cruises along the $9,700 to $9,800 range with the help from the bulls. But the BTC/USD pair may need another push to clear the $10,000 mark.
Bitcoin (BTC) manages to gain momentum and will likely trade above $8,300 in the next sessions, but altcoins like ETH and XRP are in the red.
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