Bitcoin Price Stays Above $10,000 as Overall Crypto Market Sees Green
Max Boddy's original article for cointelegraph.com reduced by 49%
Thursday, Aug. 22- Bitcoin, Ether, and XRP are all in the green. Top cryptocurrencies are generally green across the board.
Bitcoin is trading over $10,120 at press time, representing a 0.08% price increase on the day. According to Hauge, the Bitcoin Days Destroyed metric - which is a measure of the time between movements for some amount of Bitcoin - shows that BTC is not yet at the top of a market bubble. At press time, ETH is trading at $190.99 and has moved up in price by 3.52%.
However, cryptocurrency investor and Placeholder partner Chris Burniske said just yesterday that ETH is in a bear market right now. XRP, the second-largest altcoin by market cap, is trading at $0.27 and has increased by 2.25% on the day as of press time. Beaxy moved to halt trading after XRP/BTC price plummeted to 40% of its trading value on different crypto exchanges.
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Summarised crypto news.