Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains

09/20/2020, 05:15 AM

The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed key…

Share to:

Author: PANews

This content is provided for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, let's navigate bull and bear markets together

PANews WeChat Group

Telegram Discussion Group

Telegram Info Channel

@PANewsCN

Recommended Reading

PANews2020-09-20 05:00

DeFi, celebrities charged and Kiss: Bad crypto news of the week

PANews2020-09-20 04:54

Bitcoin Price Prediction: BTC/USD Trades Marginally Above $11,000 After the Recent Surge to $11,200

PANews2020-09-20 04:40

These 5 Technical Trends Show Bitcoin Could Drop After Passing $11k

PANews2020-09-20 04:30

Ethereum: Is the HODLing in yet?

PANews2020-09-20 04:28

Bitcoin Price Prediction: BTC/USD Searches for More Direction Above $11,000 Level

PANews2020-09-20 04:25

Bitcoin is the “biggest front-running opportunity of your life,”says Raoul...

Curated Series

PAData: Web3 in Data

Data analysis and visualization reporting of industry hot spots

AI Agent: The Journey to Web3 Intelligence

The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together

Pioneer's View: Crypto Celebrity Interviews

Exclusive interviews with crypto celebrities, sharing unique observations and insights

Memecoin Supercycle: The hype around attention tokenization

From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?