Bitcoin prices went further down on Thursday as it reached near the $8,000 level.
Bitcoin dropped by 0.7% to trade at $8,401.8. Ethereum also slipped by 0.2% to $168.07.
On the other hand, XRP and Litecoin both gained by 2% and 0.1% respectively.
This week Bitcoin slipped by around 20%; thus indicating that the bull market for cryptocurrency might be over.
The selling pressure on cryptocurrency is
currently strong and can touch the $7,000 level very soon.
Gold Futures Trading Higher
Gold futures traded higher on Thursday.
On the Comex division, gold futures for delivery in December rose by 0.21% to trade at $1,515.45 per troy ounce.
Earlier, the troy ounce was trading in a dollar bullish session and found support and resistance at $1,505.30 and $1,543.30 respectively.
The US Dollar Futures Index, on the other hand, fell by 0.15% to $98,512 against six other major currencies.
Elsewhere on Comex, Silver 'for delivery in December rose by 0.14% and traded at $18,047 per troy ounce while Copper for December delivery rose by 0.04% to trade at $ 2,612 per pound.
Crude Oil Futures Retreated
Crude Oil futures dropped on Thursday.
Crude Oil futures for delivery in November went down by 0.05% to trade at $56.52 a barrel.
Crude oil earlier found support at $55.63 and resistance at $59.39.
Elsewhere on ICE, Brent oil for delivery in November fell by 0.08% to $ 62.34 per barrel.