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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
Bitcoin Price Struggles to Break Above $12,000, Ethereum, Ripple’s XRP, Litecoin in the Red
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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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Bitcoin beats the market
Image by coin360

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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.

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