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Cryptocurrency Price Today, August 3: Bitcoin value at the moment on the time of writing this text was $23,204.25, up by 1.48 per cent over the previous 24 hours.
Bitcoin value at the moment edged previous the $23,000 mark
Cryptocurrency Price Today: The world cryptocurrency market on Wednesday, August 3, rebounded barely after closing in crimson for 4 consecutive days, as Bitcoin, Ethereum, Polkadot, and Dogecoin amongst others traded in inexperienced. The cryptocurrency market was standing at $1.07 trillion, up by 1.16 per cent during the last 24 hours, in accordance with information.
Bitcoin opened in inexperienced after closing in crimson on Tuesday, and jumped to the $23,000 ranges on Wednesday at open. Bitcoin value at the moment on the time of writing this text was $23,204.25, up by 1.48 per cent over the previous 24 hours.
“Bitcoin dropped by 1 per cent yesterday, once more closing the day in damaging. BTC has now closed in crimson for the fourth consecutive day. The four-hourly development for BTC continues to traverse inside an ascending channel sample. The chart had bounced from the highest of the development line in direction of the decrease facet and we may count on this downwards momentum to proceed for a couple of extra days earlier than the development reverses once more. The subsequent key resistance degree for BTC is predicted at $32,300 and the subsequent help is predicted at $19,000,” stated a spokesperson on the Wazirx commerce desk.
“The world crypto market began this month with a correction. Bitcoin slid beneath US$23,000 on Tuesday with elevated promoting stress. However, since BTC has been buying and selling sideways this week, it would be capable of prolong its good points quickly,” stated Edul Patel, CEO and co-founder of Mudrex.
Meanwhile, Ethereum crossed the $1600 mark on Wednesday after dipping beneath the identical ranges on Tuesday. Ether value at the moment jumped by 3.33 per cent on the time of writing in article to scale $1,639.63, confirmed information from CoinMarketCap.
“Ethereum has remained pretty impartial towards Bitcoin during the last week or so, hovering across the 0.071 ranges. The Bitcoin dominance additionally continued to keep up its place above the 42 per cent mark with none important motion within the final couple of days. The each day chart for ETH-BTC continues to traverse inside a descending triangle sample re-testing the sample higher trendline. The subsequent key help for ETH-BTC is predicted at 0.049 and subsequent resistance is predicted at 0.078,” stated the WazirX spokesperson.
“On the opposite hand, Ethereum has bounced off its help degree at US$1,500 and is buying and selling above the US$1,600 degree. Amid sustained shopping for, ETH is more likely to recapture the US$1,700 degree again within the coming hours,” added Patel.
Here are the highest 10 cryptocurrencies and their costs on August 3, 2022, Wednesday, (According to information from coinmarketcap.com)
Bitcoin $23,204.25 or 1.48 per cent achieve within the final 24 hours
Ethereum $1,639.63 or 3.33 per cent achieve within the final 24 hours
Tether $1.00 or 0.01 per cent loss within the final 24 hours
USD Coin $1.00 or 0.00 per cent achieve in the final 24 hours
BNB $288.74 or 3.56 per cent achieve within the final 24 hours
Binance USD $1.00 or 0.00 per cent achieve within the final 24 hours
XRP $0.3709 or 0.06 per cent achieve within the final 24 hours
Cardano $0.5074 or 2.71 per cent achieve within the final 24 hours
Solana $38.76 or 4.96 per cent achieve within the final 24 hours
Dogecoin $0.06756 or 1.79 per cent achieve within the final 24 hours
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