Bitcoin Continues Trading In Narrow Range As Futures Prices Near Expiration

in #bitcoin7 years ago

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The bitcoin market continued to essentially march in place today, as the grandfather of digital currencies again traded in a narrow range.

Bitcoin this morning stood at the low $11,000 per single coin level, with slight variations on either side over the preceding 24 hours. The first futures contracts are expiring tomorrow, and no doubt cautious investors are holding a finger in the wind to see what happens in this new territory.

Other cryptocurrencies also stood still, with Stellar again the lone outlier, up nearly seven percent in the
last 24 hours.
Bitcoin market highlights for the 24 hours ending January 25, 2018 at 1:00 pm
The highest price seen was $12,408.00 on the LakeBTC exchange at 11:00 pm yesterday. LakeBTC saw $35,415,900 of bitcoin change hands.

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