Bitcoin prices see muted trade, poised to book first weekly fall of the past three

Bitcoin prices saw muted action on Thursday, while futures for the digital currency were on pace to register their first weekly loss in the past three weeks, underlining a downtrend for the virtual asset.

A single Bitcoin

BTCUSD, +0.27%

was trading at $6,490.33, off 0.2%, since Wednesday at 5 p.m. Eastern Time of the Kraken exchange.

Trading for Bitcoin comes after Bitmain Technologies, the largest digital currency mining company in the world, offered a peek in to its financials, amid the company’s plan to list on the Hong Kong stock exchange.

Public documents showed that the Beijing crypto miner recorded $2.8 billion in revenue in the six months ending June 2018, representing a 10-fold increase from the same period in 2017.

Read: On The Clock: What is the coolest cryptocurrency?

Other crypto trading

The digital assets that run atop Ripple’s blockchain, XRP coin

XRPUSD, +0.03%

fell by 1.7%, Thursday to 52 cents. A blockchain refers to the distributed-ledger technology that is a hallmark of most cryptocurrencies.


ETHUSD, -0.42%

the third-largest digital currency by market value, was off 0.8% at $217.35, while Litecoin

LTCUSD, +8.11%

 jumped 7.2% to change hands at $62.78.

Bitcoin Cash

BCHUSD, +5.03%

 climbed 5.1% to $561.50.

Bitcoin futures were slightly higher midday Thursday. The Cboe Global Markets Group Inc.’s October contract

XBTV8, +0.46%

gained 0.2% at $6,480 and the CME Group Inc. September contract

BTCU8, +0.46%

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