Bitcoin gives up 1-week weak on profit-taking

Bitcoin fell in spot trading on Tuesday, to give up the 1-week high it hit yesterday, on profit-taking, but prices are still in a limited range of volatility above the $9,000 barrier, as the market is still in a need for catalyst to rise quickly above the $10,000 barrier. 

At Bitstamp exchange, Bitcoin fell by 2.6% or $245 to $9,165, after it opened at $9,410, with an intraday high of $9,485.  

Bitcoin rose by 2.2% yesterday, to mark its third daily gain in 4 days, and posted a 1-week high of $9,587.

The total market capitalization of cryptocurrencies fell by $6 billion today, to a total of $248 billion, as Bitcoin and most other major cryptos fell.

Bitcoin posted a 1-week high on Monday, but remained in a limited range of volatility above the $9,000, in a strong sign that the market is still in a need for catalyst to rise quickly above the $10,000 barrier. 

Otherwise, Huobi exchange stated that it will freeze all of its US customers' accounts starting from November 13th, and said that its user agreement expressly prohibits customers in the U.S. from using its trading platform.

Huobi notified the customers that they will be refunded in Bitcoin and and other cryptos, and told the ones who have borrowed funds in margin trading to return their loans and withdraw any crypto assets in their accounts.