Bitcoin trades below $2,000

Markets 7/16/2017, 5:35 PM
Bitcoin trades below $2,000

Bitcoin traded under the $2,000 mark as most cryptocurrencies decreased on Sunday. Volatility is expected to remain high in the digital currencies market as traders are paying attention to upcoming technical updates in both bitcoin and ethereum. The total cryptocurrency market cap decreased around 45% since mid-June, but bitcoin remained one of the least-affected currencies.

The most popular cryptocurrency was 3.16% lower, going for $1,916.1 at 5:30 pm CET, trading on June 2 levels. Meanwhile, ethereum fell 9.25% to $153 at 5:31 pm CET. Earlier in the day, ethereum was as low as $134.78 as it was influenced by bitcoin's technological advances.

TeleTrader Newsroom / VP

Share:

BTC/USD+0.17%

3,670.5500
Chart for: BTC/USD

ETH/USD+0.14%

283.61000
Chart for: ETH/USD