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Announcements Gate.io’s Daily Market Trends (June 16th): Indonesia's Central Bank Bans Cryptocurrency Payment Services, Bitcoin Going Sideways Adjustment
Gate.io’s Daily Market Trends (June 16th): Indonesia's Central Bank Bans Cryptocurrency Payment Services, Bitcoin Going Sideways Adjustment
2021-06-16 06:24:57 UTC 33920 Read
As of 12:00 GMT, Bitcoin’s price was $39853.59 and Ether’s price was $2515.42.In the morning of the 16th, Bitcoin’s price experienced a strong fluctuation. Within the space of four hours, the price broke through $41,000 and fell below $39,600. Apart from this commotion, today's Bitcoin’s price is relatively stable. On the one-hour timeframe, the 30 Day MA and 10 Day MA show obvious correlation, and they are both similar in shape. On the one-day timeframe, today's trading volume dropped sharply compared to yesterday with the market in a low-volume sideways phase.

click to read more:Gate.io’s Daily Market Trends (June 16th) Indonesia's Central Bank Bans Cryptocurrency Payment Services, Bitcoin Going Sideways Adjustment




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Gate.io Team
June 16, 2021

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