Market Analysis Report 20 November 2017
Sunday began with Bitcoin trading at just under $7,800 and kept trading at that price for most of the day. At 17:15 (UTC), the Bitcoin price jumped above $7,900 in a 15-minute trading period. The swell turned to a spike which ended with Bitcoin striking the $8,100 levels at 18:15, a new all-time high for the cryptocurrency.
At the time of writing, the Bitcoin price is sitting at $8,049, representing a gain of 4% in the last 24 hours. With more than $560 M worth of BTC were exchanged in the BTC/USD market, representing a 24.5% share of daily volume, second to the JPY at 58%.
Currently sitting at $357.22, the Ethereum price has dropped 1% in the last 24 hours. Over $170M worth of Ether were exchanged in the past 24 hours on the ETH/USD pair which has a 28% market share of the daily trading volume.
time to get some bitcoin