Bitcoin continues to struggle below the $10,000 support area with most of the altcoin markets all recording losses during the past 24-hours. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
The price of Bitcoin (BTC) has dropped back below the $10,000 with the rest of the cryptocurrency markets, for the most part, seeing red as of today.
After clinging to a five-figure price for several days, BTC has seen a 3.2% drop in the past 24 hours. Currently, the OG cryptocurrency is exchanging hands at $9,768.86 as per data from CoinMarketCap.
(Trading at $9,768.86 at 14:00 24 July 2019)
Latest Ethereum (ETH) news and prices
The second-largest altcoin by market cap, Ethereum (ETH) has recorded similar losses. Currently, ETH is down by 3.3% on the day and changing hands at $207 at the time of writing. Ethereum was seen trading at $235 over the weekend, but since has for the most part been trading downwards. Today ETH is only trading slightly higher than it was at the start of its 7-day chart.
(Trading at $207.48 at 14:00 24 July 2019)
Latest Ripple (XRP) news and prices
Ripple’s XRP hit the recent high at $0.3414 on July 20. The sell-off ensued that took the price towards the current levels marginally above the critical $0.3000. The third-largest digital coin with the current market capitalization of $13.1 billion has lost nearly 4% of its value on a day-on-day basis and stayed mostly unchanged since the beginning of Wednesday. The coin is moving within a short-term bearish trend amid the sell-off on the cryptocurrency market.
(Trading at $0.308704 at 14:00 24 July 2019)
Litecoin (LTC) news and prices
Litecoin (LTC) dropped below $90.00 handle and touched an intraday low at $86.74. The fourth-largest digital asset with the current market capitalization of $5.5 billion managed to recover towards $88.30 by the time of writing; however, it is still trading down 6% on a day-on-day basis and down 2% since the beginning of Wednesday.
(Trading at $89.92 at 14:00 24 July 2019)
Bitcoin Cash (BCH) news and prices
The gradual selloff in the cryptocurrency market has seen Bitcoin Cash press hard on possible support targets. In fact, the entire market is painted red on Wednesday BCH/USD correcting lower 3.23%.
The retreat from the hurdle at $340 has seen Bitcoin Cash price depreciated in value significantly forming a lower low pattern below the descending trendline resistance. While $300 level held though most of the trading yesterday, the bears engaged full throttle gears sending BCH/USD below the key 21 Exponential Moving Average (EMA). The move further pressed down on $300 resulting in a dip under $285.
(Trading at $290.86 at 14:00 24 July 2019)
EOS news and prices
Following the 458 per cent upswing that started in early December 2018, EOS retraced nearly 62 per cent after peaking at $8.65 on May 31.
Now that it has reached the 65 per cent Fibonacci retracement level on the 1-week chart, a hammer candlestick pattern seems to have been developed last week singling a potential reversal in the direction of the trend from bearish to bullish.
(Trading at $4.14 at 14:00 24 July 2019)
Binance Coin (BNB) news and prices
Binance coin (BNB) price failed to accelerate above the $32.00 resistance and started a fresh decline. BNB price broke the $30.50 and $30.00 support levels to enter a bearish zone. Moreover, there was a break below the $29.20 support and the price seems to be approaching the $28.00 support area.
(Trading at $28.62 at 14:00 24 July 2019)
Tether (USDT) news and prices
Traditionally, Bitcoin (BTC) was the most active coin, by virtue of being the most in-demand asset, and for being included in multiple base pairs. But now, many altcoins have acquired their own USDT markets, boosting the need for more stablecoins to flow through the exchanges.
(Trading at $1.00 at 14:00 24 July 2019)
Bitcoin SV (BSV) news and prices
On July 24, the altcoin known as Bitcoin Satoshi’s Vision will carry out a protocol upgrade dubbed ‘Quasar.’
According to a press release stated on July 17, among the changes resulting from the upgrade will be the realization of one of BSV’s key goals: exponentially increasing the size of blocks.
This, proponents of the token claim is an essential step in order to preserve the longevity of the blockchain and ensure it attracts miners.
(Trading at $163.88 at 14:00 24 July 2019)
Stellar (XLM) news and prices
The month is approaching end yet there are no signs of progress, surge or any kind of positive upward movement from Stellar. The coin has moved within the range of $0.101 and $0.075 throughout the month and mostly traded around $0.081. The current market statistics have nothing new to say, and the same may continue until tomorrow.
(Trading at $0.083254 at 14:00 24 July 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.