The cost of the most popular cryptocurrency – bitcoin – is growing within 1.2% on Monday, according to trading data.
According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, bitcoin rose 1.13% to $11,748. On Binance, the largest cryptocurrency exchange by trading volume, bitcoin is growing in price by 1.18% to $11,752. Bitcoin accounts for approximately 59.1% of the market.
The week closed with a slight decline for bitcoin. We tested the maximum for the year at $12,500 and rolled back to the support level of $11,500-11,700.
Now the price of the cryptocurrency is growing slightly, but by the end it may drop below $10,500. Then the correction will go up to the levels of $10,900-11,100.