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Gate.io’s Daily Market Trends (June 11th): Cryptocurrency Price Restructuring, France & Switzerland Conduct Digital Currency Trials

2021-06-11 08:12:19Read:15562

As of 12:00 GMT, Bitcoin’s price was $36,815.81 and Ether’s price was $2,467.71. Yesterday at 18:00 Bitcoin’s price hit $38,000 unsuccessfully and then Bitcoin’s price was stopped and went back down. IOn the one-hour time frame, Bitcoin’s price formed a stable supportt at $358,000. Bitcoin is not trading as actively today as yesterday. The market is temporarily dominated by multiple forces, but the short side is not trading in volume. In the near term, bitcoin prices are likely to oscillate between $36,000 and $38,000, with multiple forces continuing to test the $38,000 resistance point. Short-term investors can combine derivatives to hedge their trades in this range.

click to read more:Gate.io’s Daily Market Trends (June 11th):Cryptocurrency Price Restructuring, France & Switzerland Conduct Digital Currency Trials

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June 11,2021

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