Bitcoin dominates the market as the BTC/USD pair trades above $6,300, making it this year's highest price, as Ethereuem, Ripple, and more deal with losses.
The ETH/BTC pair loses the bullish momentum, and therefore affects the crypto market, specifically altcoins that may then lose value against Bitcoin.
The crypto markets registered high volatility and higher gains last week, with Bitcoin (BTC) nearing $5,400 and major altcoins increasing by more than 60%.
Cryptos could just have seen the reversal of the bear market in the middle of this week. Learn more in this Crypto Exchange September WK2 2018 Roundup.
Reports of Goldman Sachs dropping its crypto trading plans could have caused the price drop. Know more in this Crypto Exchange September WK1 2018 Roundup.
Bitcoin Cash and other cryptos felt a slight reprieve in prices during August 27 to 31, 2018. Know more in this Crypto Exchange August WK5 2018 Roundup.
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