The crypto market saw islands of robust activity, with projects going their separate ways. In the past week, the upcoming Bitcoin Cash hard fork acted on the BCH prices and created a spike above $600.

Bitcoin (BTC) once again saw a week pass with minimal change, as trading remained subdued. On Friday, BTC stood at $6,396.89, up around 0.79% in the past week. BTC saw separate days of volatility, but kept just below the $6,400 level.

The share of USDT trading expanded slightly to 49%, as volumes increased to the usual levels of $4.5 million equivalent. BTC prices are still drifting, as there is no potential for an upcoming SEC decision that could positively affect BTC demand. The Bakkt exchange is yet to launch, with about a month to go. For now, it seems like BTC stability is the preferred market condition.

Ethereum (ETH) recovered above $200, despite the news of an investigation and fine imposed on EtherDelta…

This article appeared first on Cryptovest

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