Market data as of 10:57am, 10 August 2018
Disclaimer: The views and claims expressed here are not meant as an alternative form of investment advice. Every investment move involves risk, and you should consult professional financial advisors for guidance or conduct your own research before making a decision.
According to TokenInsight analysis, Bitcoin popularity has remained depressed with its growth rate staying below 0.04% while last week’s figure showed 0.097%. The number of Bitcoin’s exchanged in the past 24 hours also had decreased to 212,000 from 236,000 last week. BCtrend analyst states that Bitcoin price has basically reached the bottom in this current round, as its popularity remains at recent record bottoms.
However, according to independent analyst Tommy Tang, Bitcoin price has continued to drop yesterday despite the slight rebounce. It is likely to bottom out after temporary fluctuation. Investors should keep alert.
Block Asia Partner: TokenInsight https://tokeninsight.com/