Weekly Crypto Trading Overview (November 1-8, 2019) By Cryptovest

(BTC) touched $9,500 as a peak this week, before starting to slide down again. BTC was teetering on the verge of $9,000 on Friday.

Bitcoin (BTC) traded at $9,033.71 on Friday, entering a continuous slide down from the $9,200 tier. BTC showed signs of diminishing volumes, and the recent hike above $10,000 at the end of October may be a temporary spike.

The share of Tether (USDT) moved between 75% and 76% this week, though with significant outflows from exchanges. The market cap dominance of BTC remained at 66.8%, as BTC threatens to fall to a lower range.

(ETH) reached $184.84, up about 3% this week. The asset gets a boost from the growth of DeFi apps and holding ETH as coll…

This article appeared first on Cryptovest

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