08/09/2019 — Crypto Price Recap

BTC increased 20% over a week attacking $12K repeatedly

CryptoAlgoWheel
CRYPTO ALGOWHEEL
3 min readAug 9, 2019

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US-China relationship tension increased significantly following the events:

  • US-China trade negotiation broke
  • US add more import tariff on Chinese exports
  • China exchange rate breaks ¥7RMB/USD for the first time since 2008
  • US accused China of FX manipulation.
  • Dow Jonex Index DJX plunged 900 points and continue….
Source: CoinTelegraph

BTC-USDT

BTC-USDT has gained 20% over a week to reach $12K repeatedly. BTC fluctuated between $11.5K-$12K and converges around $11.7K.

Major coins decreased more than against BTC, which boosts BTC dominance to close to 70% for the first time since Jan 2017.

ETH-USDT | ETH-BTC

ETH-USDT dropped to $211.

ETH-BTC dropped to record low of 0.0178BTC.

BCH-USDT | BCH-BTC

BCH-USDT dropped to $316.

BCH-BTC revisited a record low of 0.026BTC

LTC-USDT | LTC-BTC

LTC-USDT dropped to $86.

LTC-BTC revisited the early low of 0.0072 BTC.

BNB-USDT | BNB-BTC

BNB-USDT recovered 15% and dropped to $30.

BNB-BTC recovered from 0.0025BTC.

EOS-USDT | EOS-BTC

EOS-USDT dropped below $4.

EOS-BTC dropped to 0.000332 BTC, which is record low.

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