Friday the 13th: Crypto Markets Red as Bitcoin Price Slips Below $10.3K
Helen Partz's original article for cointelegraph.com reduced by 40%
Friday, Sept. 13 - crypto markets have continued to report mixed signals, with Bitcoin failing to hold $10,300 support on the day. The majority of the top 20 coins by market cap are seeing red this Friday the 13th, with Tezos' losses reaching nearly 2.3% at press time.
After surging to as high as $10,423 earlier today, Bitcoin has retreated to trade below $10,300 to date. Over the past 7 days, Bitcoin is down nearly 3.5%, from above $10,800. After surging up to $266 billion earlier in the day, total market capitalization dropped to $262 billion at press time, with average daily trading volume also seeing a slight decline from almost $49 billion to $46 billion at press time.
While crypto markets have continued to trade sideways, a number of fundamental Bitcoin indicators have been growing stronger, as tweeted by Anthony Pompliano, founder of crypto investment firm Morgan Creek Digital Assets. Other fundamentals such as the share of Segregated Witness transactions and Bitcoin's dominance on crypto markets have been holding bullish indicators, while Bitcoin average transaction fee has seen another drop in September.
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Summarised crypto news.