Bitcoin Price Analysis: BTC/USD Got Rejected From $12,000 After Bithumb Gets Raided By Police
Bitcoin is facing a lot of selling pressure after another rejection from the crucial $12,000 level and the recent news from Korea. Bithumb, the largest cryptocurrency exchange in the country is facing fraud charges and its headquarters have been seized by police.
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Ethereum Market Update: Vitalik Buterin Explains High ETH Fees
Ethereum (ETH) hit the multi-year high at $488 on September 1 and retreated to $461 by press time. The second-largest digital asset has lost over 1.2% since the start of the day. However, it is still in a green zone if compared to this time on Monday. ETH/USD has been moving in sync with the market, which has started a downside correction after a sharp rally of recent days. -637346409345780530-637346701646395270.png)
Ripple Technical Analysis: XRP/USD Suffers A Devastating Blow As 88 million Tokens Remain Stolen
The weakness of XRP is quite apparent as the digital asset gets closer to a crucial support level at $0.255. This low formed on August 27 is really the only support level on the way down beside the 100-EMA and the 200-EMA.
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