Bitcoin rate reaches $11,400

On Thursday, August 27, the price of bitcoin rises.

At 09:25 UTC, the first cryptocurrency is trading at $11,394.24 (+ 0.21%), according to CoinMarketCap.

Bitstamp BTC/USD chart by TradingView Ether fell to $383.08 (-0.27%).

XRP fell 0.85% to $0.275.

The FxPro team of analysts notes: “Bitcoin demonstrates zero dynamics in a day and changes hands for $ 11,400. Although the coin managed to stay above $ 11,000, it is at the lower border of the support area of ​​$ 11,400-11,500. A stable exit below risks escalating into a more rapid decline in price… Bitcoin trading volume has decreased by almost 18% over the past day“.

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