Crypto News (August, 10th): BTC | LINK | Gainers | Losers

Hello there,

Briefly, I'll love to share with us some recent happenings in the crypto trading space. If there's any place that there's certainty as much as uncertainty, it is in the cryptocurrency ecosystem. One minute, you can be sure that a particular coin will perform well and the next moment, the unexpected could also happen.

This is why everyone is not cut out for crypto live trading. It is for the patient individual who knows how to manage both gains, shocks, losses and risks in general.

The news...

Today (August, 10th), BITCOIN had an anticipated pump as well as an expected dip. In the late hours of today, BTC did hit $12000 although that mark price still appeared problematic and too hot for BTC to handled. However, it is predicted and believed that if it BTC stabilizes at a $12,000 support level then, $13,000 could be achievable.

Having hit $12,000, BTC sharply dropped by $500 as seen in the chart above to $11,500. That was a bit scary, if you ask me but there was quick rebound to a new focus of $11,700, saving investors from pain.

Away from BTC, Chainlink (BAND and ANKR) made it to the home page of Binance trading platform as one of the coins with the highest trading volume. Particularly, LINK is second to Ethereum in terms of 24h trading volumes.

On the other hand, the top gainers today has been IRIS and MFT with IRIS having a 50% gain. While BAL has been on the losing side.

Posted Using LeoFinance