{"id":34860,"date":"2019-10-31T03:47:57","date_gmt":"2019-10-31T07:47:57","guid":{"rendered":"https:\/\/www.opensource.im\/uncategorized\/the-cryptocurrency-market-is-vulnerable-to-further-losses-fxstreet.php"},"modified":"2019-10-31T03:47:57","modified_gmt":"2019-10-31T07:47:57","slug":"the-cryptocurrency-market-is-vulnerable-to-further-losses-fxstreet","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/the-cryptocurrency-market-is-vulnerable-to-further-losses-fxstreet.php","title":{"rendered":"The cryptocurrency market is vulnerable to further losses &#8211; FXStreet"},"content":{"rendered":"<p><p>The cryptocurrency market has resumed the sell-off after a short period of range-bound trading that took. At the time of writing, Bitcoin stays down 2% since this time on Tuesday, while the majority of altcoins out of top-20 have are a mixed picture ranging from -4% to +2.5%. The total cryptocurrency market capitalization is registered at $248, unchanged from the day before; an average daily trading volume settled at $98 billion from $97 this time on Tuesday; Bitcoin's market share decreased to 67.2%.<\/p>\n<p>Read also:Bitcoin price analysis: BTC\/USD extends the decline, $9,000 within reach<\/p>\n<p>BTC\/USD bottomed at $9,139 during early Asian hours and recovered to $9,170 by the time of writing. A confluence of SMA100 (Simple Moving Average) and the upper line of the Bollinger Band on a daily chart located above psychological $9,600, limits BTC\/USD recovery. The critical support is created by SMA200 at $9,000.Ethereum, the second-largest digital asset with the current market capitalization of $20.2 billion, has stayed unchanged a day-to-day basis and lost approximately 3.5% since the beginning of Wednesday. At the time of writing, ETH\/USD is changing hands at $184.60, off the recent high of $192.23 touched during early Asian hours. Looking technically, ETH\/USD recovery is capped by SMA100 daily, though the longer-term forecast remains bullish as long as it stays above $180.00.Ripples XRP ha settled marginally $0.3000 after a strong recovery on Tuesday. The third digital coin with the current market value of $13.1 has gained over 2% of its value on a day-to-day basis and stayed unchanged since the beginning of the day.<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the rest here:<br \/>\n<a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/the-cryptocurrency-market-is-vulnerable-to-new-losses-201910301023\" title=\"The cryptocurrency market is vulnerable to further losses - FXStreet\" rel=\"noopener noreferrer\">The cryptocurrency market is vulnerable to further losses - FXStreet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The cryptocurrency market has resumed the sell-off after a short period of range-bound trading that took. At the time of writing, Bitcoin stays down 2% since this time on Tuesday, while the majority of altcoins out of top-20 have are a mixed picture ranging from -4% to +2.5%. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-34860","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/34860"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=34860"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/34860\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=34860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=34860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=34860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}