Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave

Bitcoin and Ethereum are in turmoil

In the time period covering the last 7 days, Zcash is 1.30% against the American dollar with a move of -0.97% during the last hour. With no major news governing the cryptocurrency's price movements, market participants will be eyeing the September 30 deadline for the United States' Securities and Exchange Commission's (SEC) pending decision on the Bitcoin-related exchange traded fund (ETF). At the time of writing, XRP/USD traded 0.88 percent lower at $0.31678.

Tether (USDT) traded down 0% against the dollar and now trades at $1.00 or 0.00015621 BTC.

Callisto Network (CLO) traded 4.1% lower against the dollar and now trades at $0.0054 or 0.00000086 BTC.

TRON (TRX) traded up 5.2% against the dollar and now trades at $0.0205 or 0.00000320 BTC.

Bitcoin Interest (BCI) traded down 19.5% against the dollar and now trades at $1.06 or 0.00016580 BTC.

At the time of writing, Ripple's XRP was up 3.56% to $0.33038, upward momentum from Tuesday continuing into the early hours of this morning, Ripple's XRP moving through to a morning high $0.33563 before easing back, moves through the morning leaving the major support and resistance levels untested.

BitcoinZ (BTCZ) traded 0.2% lower against the dollar and now trades at $0.0006 or 0.00000010 BTC.

OmiseGO (OMG) traded 4.9% higher against the dollar and now trades at $3.29 or 0.00051068 BTC.

Hush (HUSH) traded down 9.2% against the dollar and now trades at $0.0987 or 0.00001544 BTC.

Bitgem (BTG) traded flat against the dollar and now trades at $2.79 or 0.00034116 BTC.

Zcash (ZEC) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 28th, 2016. Ethereum Classic's total supply is 104,659,499 coins.

According to CryptoCompare, "zk-SNARKsThe BasicZcash is the first widespread application of zk-SNARKs, a novel form of zero-knowledge cryptography". In the following section, we give a brief overview of how the rules for determining a valid transaction get transformed into equations that can then be evaluated on a candidate solution without revealing any sensitive information to the parties verifying the equations.

Ethereum Classic can be purchased on these cryptocurrency exchanges: LiteBit.eu, CoinEx, C-CEX, Gatehub, Bitbns, RightBTC, Bitsane, CoinExchange, C2CX, Liquid, FCoin, LBank, Bibox, Koineks, BTC Markets, Coinone, Huobi, OKEx, CPDAX, BigONE, Coinut, Coinbase Pro, Exmo, Poloniex, CoinBene, BtcTrade.im, Korbit, Instant Bitex, ABCC, BTC Trade UA, QBTC, Crex24, Bitfinex, ZB.COM, Exrates, OKCoin International, BCEX, Upbit, Coinsuper, Bit-Z, Bittrex, Kucoin, Ovis, BTC-Alpha, HitBTC, Stocks.Exchange, BitForex, YoBit, Gate.io, Cryptomate, HBUS, Coinnest, Cryptopia, Bithumb, Coinhub, Kraken, EXX, Binance, CoinTiger, Coinroom, ChaoEX, Indodax and CoinEgg. It is usually not presently possible to purchase alternative cryptocurrencies such as Topaz Coin directly using U.S. dollars. Investors seeking to acquire Topaz Coin should first purchase Bitcoin or Ethereum using an exchange that deals in United States dollars such as Gemini, Coinbase or Changelly.

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