Market data as of 2:11pm, 21 July 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, itcoin’s search trend growth rate has fallen for 2 consecutive days to 0.1% now from yesterday’s figure of 0.11%. The number of Bitcoin exchanged in the past 24 hours has fallen as well to 224,000 from yesterday’s figure of 228,000. BCtrend analyst states that hashing difficulty decreased by 3.2% compared to that of last week and that miners are more compelled to sell coins. Investors are advised to pay attention to the risks. Independent analyst Tommy Tang believes that BTC price failed to climb above $7,800 and has fallen. It is expected to hover around $7,300 and rise again while it’s unlikely to break $7,800 position. Bitcoin’s price may bottom out again so investors are currently and paitently waiting.
Block Asia Partner: TokenInsight https://tokeninsight.com/