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

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Sat, 06/08/2019 - 14:00
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
Cover image via U.Today

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

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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.

About the author

Yuri is a 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. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.