Market Wrap: Bitcoin Loses Momentum at $19.4K; Ethereum Fees Increasing

The number of billion-dollar spot volume days in the bitcoin market is increasing, pushing prices higher. Ethereum’s transaction fees are also increasing as general cryptocurrency interest fuels demand.

  • Bitcoin (BTC) trading around $18,883 as of 21:00 UTC (4 p.m. ET). Slipping 0.75% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $18,640-$19,474 (CoinDesk 20)
  • BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.

Bitcoin trading on Bitstamp since Nov….


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