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Wednesday

19 February 2020

Bitcoin, Ether, and XRP Weekly Market Update January 13, 2020

Bitcoin, Ether, and XRP Weekly Market Update January 13, 2020


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The top 10 currencies were all in green for the same time frame with Bitcoin SV (BSV) and Bitcoin Cash (BCH) being the best performers with 45 and 18 percent of gains respectively.

Bitcoin continued with its good performance on Sunday, January 5 and climbed up to the important level at $7,500 during intraday.

It closed the session at $7,357 with 1.8 percent of a price increase for the week.

On Saturday, January 11, it made a step back to $8,006, which was followed by a positive session on the last day of the week when BTC reached $8,185 and ended the week with 11.5 percent of increase.

The first day of the new week came with a solid green candle as during the session bulls managed to push the price of ether all the way up to $144.

On Thursday, January 9, the coin dropped further to $137.7 and formed its third consecutive losing session on the daily chart.

On Sunday, January 12 the ETH/USD pair moved up to $146 and closed the 7-day period 8 percent higher.

On Monday, it skyrocketed to $0.223, which resulted in a 15 percent price increase in just one session.

The Bitcoin Cash fork, which is also known as Bitcoin Satoshi’s Vision added the stunning 46 percent to its value for the last seven days and is now 69 percent up for the last two weeks.

The BSV peaked at $172.7 on Saturday, January 11 and moved up to #8 on the CoinGecko Top 100 list with a total market capitalization of approximately $2.9 billion.

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