![Bitcoin [btc] breaks $4,200 resistance; corrects itself to $4,100 level |](https://ohiobitcoin.com/storage/2019/03/LFCXk1.jpg "Bitcoin [btc] breaks $4,200 resistance; corrects itself to $4,100 level |")
![Bitcoin [btc] breaks $4,200 resistance; corrects itself to $4,100 level |](http://ohiobitcoin.com/storage/2019/03/LFCXk1.jpg "Bitcoin [btc] breaks $4,200 resistance; corrects itself to $4,100 level |")
[], the largest in the world, was surging over the past few hours, at press time. This pump in price helped cross strong resistance at the $4,200-mark, pushing the king coin’s value to $4,228.05. The price surged as high as $4,275.14, before falling to the $4,100 level.
[]
Source: CoinMarketCap
had a market cap of $74.48 billion, while noting a 24-hour volume of $11.30 billion. It also registered a 4.08% surge within a day. The coin’s price gradually rose by 4.76% over the week and was hiking by 1.21%, over the hour.
FCoin reported the highest volume, recording $4.93 billion via the /USDT pair. The exchange’s price for the pair was $4,242.37. FCoin was followed by BitMex, which traded XBT/USD for $4,077.50 and recorded a volume of $1.688 billion. FCoin took the third place as well via the ETH/ pair, at $4,220.27, and recorded a volume of $841 million.
Source: CoinMarketCap
managed to break its resistance at $4,200 and according to CoinMarketCap, reported a seven-day high of $4,296.81 and seven-day low of $3,934.03. The price change over the day was 0.74%.
The price of the [] observed two movements, one from $4,215 to $3,984 and the second from $4,030 to $4,213. The new support for was at $3,781, while a new resistance was formed at the seven-day high point.
Recently, the United States Securities and Exchange Commission [] stalled a publicly traded proposal. Bitwise Asset Management with NYSE Arca, had put forward an application for a Exchange Traded Fund [] in February.
However, a notice from the said that a “longer period” was necessary to take a decision on the . Given the extension, the regulatory body will confirm their stance on the by 16 May, 2019, the notice stated. It read,
“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change.”
The post appeared first on .
Published at Sun, 31 Mar 2019 18:09:23 +0000
