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

published 19.09.2020 23:15

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Furthermore, BTC dominance, the metric that measures bitcoin’s (BTC) market capitalization against the valuations of the rest of the crypto market economy is over 58%.

Since August 23, 2020, the bitcoin (BTC) hashrate jumped 27.27% from a low of 110 EH/s, to today’s all-time high (ATH).

The mining operation Poolin is the network’s top mining pool with 18.9% of BTC’s global hashrate.

Bitcoin (BTC) markets have surpassed key levels above the $11k mark on Saturday, as the cryptocurrency has seen close to $4 billion in global trade volume.

Bitcoin (BTC) is up 6% during the last seven days and 19% for the last 90 days.