Market data as of 10:36am, 23 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’s popularity growth rates has remained at 0.03% for consecutive 4 days now. The number of BTC exchanged also stayed at 226,000 and the number of active addresses increased by 17% to 560,000, compared to 477,000 last week. BCtrend analyst states that BTC market popularity has decreased by 37% compared to this same period of last month. The outlook on BTC is still relatively weak and is not likely to rise.
According to independent analyst Tommy Tang, affected by the ETF news, Bitcoin price fell short of $6,600. In the short-term it is not likely to rebound and a new round of falling is likely to be seen.
Block Asia Partner: TokenInsight