At the time of reporting, the valueof Bitcoin is around $7,300 USD today after its past fall of around $6,895 USD in August.As seen for now,Bitcoin seems to be stabilizingabove the $7,000 USD mark.
As per previous month, Bitcoin remainedwithin themid-$6,000 region,faced troubles toovercome the $7,000 USD resistance level and demonstrate asturdyvolume to signalcorrectmid-term recovery. However, starting from this month, the cryptocurrency seem to be performing quite good.
Throughout starting from this month, the weak volumes of Bitcoin andalternativemajor cryptocurrencies like Ethereum, Bitcoin Cash, Ripple etc seem to have a positiveimpact on theshorttrend of the crypto market.
The daily volumes of Bitcoin and Ethereum, the two major digital currencies, seem to be stabilizing. Bitcoin saw a total high percentage change of 3.26 % while Ethereum saw a total hike of around 2.99 % today at the time of reporting.
However, in this periods of instability and uncertainty,particularlywith Bitcoin,it’s always an extraordinaryriskto speculatethe prices of tokens as cryptocurrencies now a days.