Tom Lee: Bitcoin Is The Best House in a Tough Market

Sentimental Analysis for Bitcoin Ethereum Ripple EOS Stellar

This Bitcoin-centric bull sentiment has become a common sight in the eyes of investors, with industry leaders like Galaxy Digital's Mike Novogratz and Peter Smith of Blockchain both indicating that they see Bitcoin outperforming the market in the near future.

Second is Ethereum with a market cap of Dollars 38.1 billion.

EOS/USD: EOS remained in a tight range during late European trading hours Tuesday after investors started to overcome the pessimism created by a spam attack, leading to voluminous rise in transactions over the past week. The price of the coin has gone down from its recent high of $8,4000, but what is more concerning is the loss of volume.

The analyst, who has become well-known for his cryptocurrency-related insight, brought attention to the Bitcoin's historical command over the industry, with the asset holding an 80% (or more) market share value for the better part of ten years. More importantly, the price failed to test the 50% Fib retracement level of the last decline from the $7,167 high to $6,139 low. To enable your account and trade these new markets first you must submit the Fiat (USD) Trading Request form.

Altcoins (coins other than Bitcoin) are also well below Friday's closing levels. It is the premier USA -based trading platform, providing lightning-fast trade execution, dependable digital wallets and industry-leading security practices.

This led to panic amongst some traders and it resulted in the Bitcoin price dropping to the $6,500 region.

Multiple Fatalities in Shooting in Fredericton, New Brunswick
At least four people were killed in an early morning shooting in Fredericton, Canada , on Friday, Aug. 10, 2018. Canadian police say there are "multiple fatalities" in an shooting in the city of Fredericton in New Brunswick.

XRP current price is $0.340770 with a marketcap of $13,392,208,591.00. One Bitcoin File coin can now be bought for $0.0171 or 0.00000241 BTC on popular cryptocurrency exchanges including Gate.io and Huobi. Soon after the announcement, bitcoin core (BTC) values shaved off $400 in an hour and the currency has lost another $300 in spot value today. The second largest cryptocurrency was trading at $410 yesterday but has lost $40 so far and now trades at $370 per coin.

It has been affected by the recent news that the SEC would not be making any decision on Bitcoin ETF until next month.

In the altcoin markets, things are in a much bigger state of flux with a number of coins breaking the mold and going into the green, such as Ethereum Classic, but there are a number of bigger coins feeling big losses over the last 24 hours, including IOTA and Ripple.

Bitcoin price trimmed most of its last week gains and broke the $7,200 support against the US Dollar.

Over to Ripple or XRP, Ripple has had a fairly good Thursday as it has managed to get a whole 0.35% more today than previously and has built itself up from this week's trading price of $0.320.

Ripple price collapsed below $0.40 and is now holding the $0.32 support. However, after the quick dip, BTC/USD prices moved back up to the $7,140 region for a short period of time.

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