CV Market Watch™: Weekly Crypto Trading Overview (October 25- November 1, 2019)

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Bitcoin (BTC) went through a booming weekend where it touched $10,000, later establishing a new stable level around $9,100.Bitcoin (BTC) reached $9,153.51 mid-day on Friday. BTC reached a weekly high at $10,021.74 on October 26, and the drop was stemmed just above the $9,050 level after a rogue flash crash on November 1.The share of Tether (USDT) expanded to above 76%, with BTC and USDT taking up 65% of all trading activity, and gaining all the traders’ attention. The BTC market cap dominance is around $67.4%, for now giving way to some of the more liquid altcoins that also preserve their value.Ethereum (ETH) returned to $182.58, up around 10% in the past week, establishing a range of relative stability.XRP (XRP) failed to budge ahead of the annual Swell conference, remaining around $0.29. The latest tranche of 1 billion XRP unlocked from escrow is also controlled in order not to crash…

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