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City AM
City AM
By Darren Parkin Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) started the week moving from around $27,500 to a $29,500 high before it started plunging amid rising transaction fees for BTC transactions. BTC is now back to $27,500. Ethereum’s Ether, the second-largest digital currency by market capitalisation, started the week slightly above the $1,800 mark and quickly moved to test its resistance around $2,000, before being impacted by a crypto-wide sell-off that saw it move back to $1,850. This past week the flagship cryptocurrency Bitcoin registere…