WorldCoinIndex Derivatives Report 2020 Week 47.

WorldCoinIndex Derivatives Report 2020 Week 46

During the 45th week of this year, the cryptocurrency market has witnessed a high degree of positive volatility, with coin prices reaching new yearly record highs.

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This week has brought along slight levels of volatility, alongside price resistance testing for most cryptocurrencies, following the previous week’s drop in value.

BTC price peak of $12,035 was reported this week, whereas its lowest price was of $10,079. Thus, we’re talking about a $2,000 price difference over a few days. At this moment, the world’s favourite cryptocurrency is trading at $10,509.

The last week has been affected by quite a bit of volatility, given the fact that most cryptocurrency prices reached a weekly peak value mid-week, which was quickly followed by a decrease to lower prices

During the last week, the cryptocurrency market has undergone a relative level of volatility. Price drops and spikes affected most digital currencies, especially bitcoin.

The cryptocurrency market has had yet another interesting week, characterized by several price swings and trading volume modifications.

The past week has been marked by a slight degree of volatility on the cryptocurrency market, given the fact that prices dropped abruptly between the 1st and 2nd of August. However, right after the drop, a slow but steady uptrend began, thus bringing prices back to their previous higher values.

Bitcoin had a price peak of $11,354 was reported this week, and its current price is of $11,160. Thus, an uptrend in the value of BTC and other cryptocurrencies was achieved this week, which also influenced the derivatives market as we will later see.

Throughout the week, BTC’s highest value was of $9,667, thus there is still room for considerable growth before reaching and hopefully surpassing the $10,000 threshold.

Over the last 7 days, cryptocurrency prices have faced a short decline, yet we are nowhere close to a bear market, as values are likely to increase once again. With this in mind, in the case of bitcoin, a price peak of $9,339 was reported this week.

Over the last 7 days, the cryptocurrency market has felt a slight degree of volatility, but all around, the values have remained mostly the same.

Over the last 7-days, the cryptocurrency market has been fairly stable. In the case of bitcoin, a short price dip was reported on the 27th of June, when the value fell to $8,882, yet the price quickly recovered and continued on a fairly-stable pathway.