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Crypto market overview 28.8.| Bitcoin for $ 11,250 – a drop of $ 1,000

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Welcome to our crypto market overview 28.8.

Bitcoin is currently hovering at $ 11,250. We are already seeing a drop of more than $ 1,000 in 15 days.

Crypto market overview 28.8.|
image source: pexels

overview of terms

Yesterday, we reached a marketcap value of $ 348 billion. This week we are recording a low of USD 348 billion and a high of USD 369 billion. At Bitcoin, we have a low at $ 11,230 over the same period. High on Bitcoin at $ 12,400. We are currently worth $ 11,230 for one BTC coin. Bitcoin dominance is declining at 59.2%.

Last crypto market overview here.

Overview of coins from top capitalization yesterday:

Bitcoin

 

 

Bitcoin (BTC) $11 230,66 USD (-2,23%)

 

Chainlink

 

 

Chainlink (LINK) $14,36 USD (-5,92%)

The best growth yesterday was:

UMA

 

 

UMA (UMA) $8,08 USD (19,20%)

 

Serum

 

 

Serum (SRM) $2,31 USD (12,38%)

 

Decentraland

 

 

Decentraland (MANA) $0,088658 USD (3,09%)

The biggest drop was recorded:

Kusama

 

 

Kusama (KSM) $26,64 USD (-21,50%)

 

Aragon

 

 

Aragon (ANT) $7,78 USD (-18,55%)

 

THETA

 

 

THETA (THETA) $0,443221 USD (-13,25%)

 

Aave

 

 

Aave (LEND) $0,740449 USD (-13,10%)

 

All data is provided from coinmarketcap.com

World markets overview yeterday:

SP500: 0,41 %. NASDAQ: 0,06 %. GOLD: 1,28 %. DOW J.: 0,81 %.

[BTC / USD] In 2020 to present value: 63,2%

Bitcoin reached $ 11,250. The resistance remains unchanged at $ 11,800. It continues in a large band up to 12,400 USD. However, it is a bit more difficult to determine support. We are seeing broken support for $ 11,400 and currently we have only $ 11,000 left. In the graph we see the triangle in the same formation as the cycle before. It is very likely that we will repeat the previous triangle and that would mean moving to the side for several months.

Crypto market overview 28.8.| Bitcoin for $ 11,250 - a drop of $ 1,000

Thank you for your time and reading crypto market overview 28.8.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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