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Bitcoin Prize for 8th Trial session, expands 2019's longest stretch



Bitcoin's meteoric 2019 rally may have shown signs of cooling down on Wednesday, but it did not stop the cryptic course from the end of the day in green.

In fact, the price of the bitcoin yesterday's session ended with its eighth consecutive day in the green, closing up with more than $ 1,200 at today's opening of $ 11,375 and ending just under $ 13,000.

The Streaken is a record for 2019, and passes the six green lights seen between June 12 and June 17 as the only other significant rally of several days of winnings.

Nevertheless, that is not to say that the stream is not in danger on its way into Thursday's session.

At 20:00 UTC June 26, the world's largest market value cryptocurrency fell by more than $ 2000 in just under 30 minutes during a service interruption at the major US exchange vendor Coinbase.

However, with Coinbase's fix implemented, the bitcoin (BTC) price is also back up over $ 1

2,588 at press time, having lost a temporary low of $ 11,754.

BTC currently changes hands for $ 12,827, according to CoinMarketCap data.

As can be seen from this, the sharp sell-off from the 24-hour high to $ 13,785 prices led to a Local low of $ 11,710 before opportunistic traders picked up a cheaper bid and drove higher prices at $ 13,000 at 23:31 UTC, 29 minutes before the daily closure.

Total daily volume for BTC has also appeared in a major Road with the world's largest exchange, Binance, records record high trading volume in Tether (USDT) terms over a 24-hour period. Other exchanges such as Bitstamp and Coinbase post 500 days altitude in total daily volume for June 26, with over 81.2 million BTC traded on a single day on these exchanges.

What is more impressive if the CoinMarketCap data is to be believed, over 45.9 billion BTC was traded during the June 26 trading period which was some of the highest levels ever recorded.

Its "Real 10" volume – a calculation that takes into account trading volume from stock markets reporting honest volume figures identified in a Bitwise Asset Management Report – currently stands at $ 46.17 billion, a big difference, according to Messari.io .

At the same time, other notable currencies such as Cardano (ADA), bitcoin cash (ECH) and Ether (ETH) are also back in growth, up between 1.7 and 7.72 percent and strong volumes, respectively.

Also worth noting, the total market value of the entire crypto exchange market has recovered by over $ 21.7 billion, up from $ 351 billion

Enlightenment: The author has no cryptocurrency at the time of writing .
Bitcoin Image via Shutterstock; Diagrams via TradingView


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