Bitcoin Muted, Other Assets Bid - Mine Digital
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Bitcoin Muted, Other Assets Bid

August 7, 2020 • 
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In another night of equities being bid, gold traded higher and selected digital assets were also strong. We wait on bitcoin to make its move.

Morning Traders,

Gold was at all-time highs overnight with equities bid and the U.S. dollar index is flirting with its swing-low. Various digital assets have performed strongly overnight as well.

Goldman Sachs has appointed a head of digital assets, in a bullish signal for the entirety of digital assets.

Bitcoin

Bitcoin is trading a little muted at the moment, potentially lagging the rest of the market.

Bitcoin last traded at $11,765

24 hr high: $ 11,915

24 hr low: $ 11,579

Bitcoin USD Chart

Ethereum

Eth has traded around its highs, after we had wondered if it was potentially going to underperform in the near-term and potentially show a bit of weakness.

Eth last traded at 393.66

24 hr high: $ 401

24 hr low: $ 389

Ethereum USD Chart

Digital Assets

ChainLink has had another run past its $10 mark. Other top performers were Aave, Algorand and Ren.

  • Aave: $ 0.37
  • Algorand: $ 0.364
  • Cardano: $ 0.1434
  • Chainlink: $ 10.15
  • Compound: $ 136.62
  • Maker: $ 586.46
  • Ren: $ 0.232
  • Reserve Rights: $ 0.1165
  • Stellar: $ 0.106
  • Synthetix: $ 4.47
  • Tezos: $ 3.25
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