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Bitcoin stable on news Fidelity to offer crypto trading

Bitcoin prices extended overnight gains on Tuesday but failed to advanced higher on news Fidelity Investments would launch a new business to offer its clients to trade and store cryptocurrency assets.

A single bitcoin BTCUSD rose 0.8 percent to $6,517.06.

Among other digital currencies, Ether climbed 1.5 percent to $204.46, Bitcoin Cash jumped 1.2 percent to $449.60, Litecoin added 0.6 percent to $53.60 and XRP surged 3.5 percent to 44 cents.

The price of the tether stablecoin traded at a discount around 97 cents on Tuesday after falling to an 18-month weak point in the previous session.

As for bitcoin futures, the Cboe Global Markets for October inched up 1 percent to $6,425, while the CME Group October contract climbed 0.8 percent to $6,440.

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  • avatar-8010
    • #

    BTC failed to breach a key level of $6,800. At the moment the recent rally is losing momentum and the bulls can only hope that currency would not plumb the $6,000 mark.

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