Cryptocurrencies continue correcting not far from important support levels. If they break these areas, the entire cryptocurrency market may continue the correction much deeper.
DeFi presented us the freedom to borrow finance, arrange loans, make deposits, and trade financial products without the need for any middlemen. But is it here to stay? Or maybe DeFi is just the next technology bubble?
Today, on September 17th, the BTC rate pushed off an important resistance level – $11,000. Currently, it rests at $10,842.
Ethereum gained 4.16% for the last 24 hours as the team working on the Phase 0 transition published several updates as EIPs to the environment.
The cryptocurrency market is trying to recover. And if such assets as Bitcoin and Ethereum are looking quite confident in favor of further growth, the other ones, like Litecoin and EOS are very likely to fall and test their respective support areas.
Bitcoin for the first time since the early September crash, is showing signs of its comeback.
Bitcoin remains dormant awaiting major price movement.
Bitcoin is up 0.68% today after losing 1.04% in price yesterday.
NZD/USD was able to gain 0.44% today up to the time of writing this article after a compact loss of 0.30% yesterday.
On Friday, September 11th, XRP keeps trying to escape a narrow sideways channel but the attempts are not quite successful. The cryptocurrency is generally trading at $0.2413 USD.