Bitcoin Price Strives to Hold Above $8,000, Crypto Market Reports Small Gains

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Sat, 06/08/2019 - 14:00
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Yuri Molchan
🔛 🌅On Saturday morning, the crypto market recorded small gains and Bitcoin has got over $8,000 and is struggling to hold there⚔ ✊
Bitcoin Price Strives to Hold Above $8,000, Crypto Market Reports Small Gains
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As the weekend started, the Bitcoin price has again tested the $8,000 level and managed to take it. At press time, BTC is trading at $8,009, showing a less than 50-percent rise. The major cryptocurrency is striving to keep momentum and move further North.

The top performing coin among the top 10 is Litecoin, it has risen slightly under 3 percent.

the top 10 is Litecoin
CoinMarketCap.com

As for the top 20, the highest gainer here is Ethereum Classic (+7.51 percent).

the top 20
CoinMarketCap.com

Related
‘Crypto Baron’ John McAfee Responds to Craig Wright’s Accusations of Being Conman, Vitalik Buterin Also Steps In

Sunday will give an understanding of further BTC price movement

As a crypto trader and technical analyst @CryptoMichNL shows in his Twitter post, on Sunday evening the weekly candle will close for BTC.

Then the market will see a clearer state of the things and realize whether a further rise or a decline should be expected.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.

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