Business News

BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC By Cointelegraph

[ad_1]

Price analysis 7/16: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

(BTC) is seeing a tough fight between the bulls and the bear at around $ 31,000, which makes it very important to be careful. Glassnode data show that the area between $ 31,000 and $ 34,300 has been strong interesting from buyers and sellers, 9.93% of Bitcoin supply has moved in that area.

The failure of Bitcoin to quickly gather support from strong support levels indicates weak demand. Proof of current disinterest comes from BlackRock (NYSE 🙂 CEO Larry Fink, who said in a recent interview with CNBC that requests for cryptocurrencies for investors condemn recently. Fink said that in the last two weeks of business travel he has not even been asked a question about Bitcoin and crypto investments.

Daily cryptocurrency market performance. Source: Coin360