Bitcoin Still up on the Week After Failing to Hold $11,000

Tuesday, Aug. 13 — Bitcoin (BTC) falls under the $11,000 mark again as most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time. Market visualization courtesy of Coin360 Bitcoin’s price is currently down by 3.12% on the day, trading at around $11,019, according to Coin360. Looking at its weekly chart, the coin is up by about 6.55%. Still, multiple sources — including Cointelegraph’s market information tools — report that Bitcoin’s price is currently under $11,000. Furthermore, according to cryptocurrency information platform CoinMarketCap, Bitcoin is…

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Bitcoin Price Tests $11,000 Support After Failing to Make Higher Highs

Bitcoin (BTC) was challenging $11,000 support July 5 after a slight downturn made it temporarily lose ground. Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD above $11,155 but still nursing 4.2% daily losses. The pair had climbed to over $12,000 on Wednesday, subsequently hovering at $11,700 before momentum waned. Friday’s low came in at $10,700.  The behavior continues a trend of volatility which has seen bitcoin fluctuate between $9,700 and $13,800 over the past ten days alone.  Keep track of top crypto markets in real-time here. Bitcoin 7-day…

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