Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish

Publikováno: 18.8.2022

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BTC was slightly higher on the day, but ETH was outpacing the largest cryptocurrency by market cap. Bitcoin’s price (BTC) increased 0.3% on Thursday, ending a streak of four consecutive negative days. Average trading volume was larger than average. Prices initially declined 0.5% as U.S. equity markets opened.Ether’s (ETH) price rose 1.5% as the second-largest cryptocurrency by market capitalization, outperformed bitcoin. Altcoins were mixed, with EOS falling 7%. while SOL and ATOM increased 0.1% and 4%, respectively.
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