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Bitcoin Price Struggles to Break Above $12,000, Ethereum, Ripple’s XRP, Litecoin in the Red

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Thu, 8/08/2019 - 6:51
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Bitcoin Price Struggles to Break Above $12,000, Ethereum, Ripple’s XRP, Litecoin in the Red
Cover image via U.Today
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After several fakeouts, the Bitcoin price is hovering below the psychologically important  $12,000 mark as the bulls are struggling to make a decisive move.

On a positive note, Bitcoin remains in the green with a minor 1.63 percent uptick over the last 24 hours. At the time of writing, BTC is sitting at $11,858, according to Coin360 data.

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Here’s more good news for Bitcoin enthusiasts — BTC dominance has now reached a new yearly peak of 68.9 percent, its highest level since March 2019.

However, according to trading expert ‘Crypto Dog,’ a new alt season might be just around the corner.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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