Market Review. Results of the Day. June 25, 2018

June 25, 2018

Technical analysis

Bitcoin started to trade in a new range over the weekend. The medium-term falling trend continues and Bitcoin has stopped in a next continuation pattern of $6,000-6,300.

BTC $6,282.10 $. Resistance level is $6,800.

ETH $464.20 $. Resistance level is $540.

XRP $0.4812 $. Resistance level is $0.56.

EOS $8.26. Resistance level is $11.

BCH $758.30 $. Resistance level is $920.

News review

Crypto Fear & Greed Index shows the full-panic mode on the market.

Tether issued 250 million more USDT.

Alibaba conducted the first transactions through blockchain from Hong Kong to the Philippines. It took just over two seconds.

One of the largest Japanese cryptocurrency exchanges bitFlyer temporarily suspended user registration in order to comply with the new regulations. Users of the platform will have to complete KYC procedures once again.

Stanford University launched its own blockchain research center.


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