Traders Update 1st July - Mine Digital
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Traders Update 1st July

June 30, 2020 • 
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With equities and gold trading together overnight an interesting question is posed to the role of Bitcoin in markets - does it find strength from here or not?

Morning Traders,

On a night that equity markets moved with gold, Bitcoin was quite subdued, trading sideways most of the last 24 hours.

Bitcoin

Bitcoin is forming an inverse head and shoulders at its current price, although the asset had previously rejected the pattern a fortnight ago to trade lower. With the other assets moving things are quite interesting for Bitcoin today.

Bitcoin last traded at $ 9,142

24 hr high: $ 9,201

24 hr low: $ 9,061

Bitcoin USD Chart

Ethereum

Ethereum has staged some kind of recovery the last 24 hours although it requires a move about $230 to look promising for a repricing higher.

24 hr high: $ 230

24 hr low: $ 222

Ethereum USD Chart

Alt Coins

Reserve Rights, Synthetix and Aave were todays outpeformers and Ren and Compound underpeformed.

  • Aave: $ 0.132
  • Algorand: $ 0.208
  • Cardano: $ 0.083
  • Chainlink: $4.58
  • Compound: $ 216.95
  • Maker: $ 455.70
  • Ren: $ 0.147
  • Reserve Rights: $ 0.00665
  • Stellar: $ 0.067
  • Synthetix: $ 1.94
  • Tezos: $ 2.36
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