In a Mixed Crypto Market, Bitcoin Inches Upward but Ethereum Remains Shy of $300


Crypto markets are mixed today, with scattered corrections on a minor scale, as Coin360 data shows.

Bitcoin is trading at around $7,255 -7280 at press time, down a fraction of a percent on the day to consolidate its freshly won gains. Having reclaimed the $7,000 mark on August 31, the top coin has been solidly rising to a yet higher price point, now pushing $7,300. Bitcoin is trading $550 higher than its value at the start of its weekly chart, bringing its 7-day gains to a strong 8.42 percent. On the month, Bitcoin is now also in the green, up 3.62 percent.

Ethereum is trading around $287 at press time, seeing a 2.27 percent loss on the day. After a volatile week, the top altcoin yesterday came tantalizingly close to reclaiming the $300 price point — soaring as high as $298.32 — but has today failed to break through.

Clearly we are still in mix market with BTC dominating the market but we aren’t seeing good altcoin growth as Ethereum is still not able to brak $300 mark. Which way we’ll go?