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08:08 19.08.2019
2019-08-19
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Bitcoin Price Analysis on August 19: the News About the Launch of Bakkt Did Not Affect the Price

The price of Bitcoin is still in the price range of $ 10,000 - $ 10,500, where there is slight trading. Volatility has been decreasing for four consecutive days amid falling volumes. At the time of writing, the price of Bitcoin is $ 10,364.

The positive news about the launch of Bakkt released on Friday. Crypto community expected for almost a year, but even this could not significantly affect the Bitcoin exchange rate. Perhaps, now there is an accumulation zone, which in the future will lead to an update of the annual highs of Bitcoin.

While bitcoin is in flat, many altcoins began to show growth against the dollar. So, 86 coins from the top 100 increased in price, and HyperCash (HSR) became the leader among them, having grown by 20.17%.

HyperCash - USD Historical Price Chart

Verge (XVG) showed the sharpest drop in the top 100, falling 5.81%.

Verge - USD Historical Price Chart

The total market capitalization is still unchanged at around $ 270 billion. The same thing happens with the dominance of Bitcoin, which for several days in a row has remained stable at 68.5%.

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