State of the market After a relief rally taking Bitcoin to $59k and some altcoins showing also some nice relief rallies, we observed a hefty drop all across the crypto market today. Bitcoin erased all its relief gains and printed new lows around $53.5k. Ethereum dropped to $4k. Ethereum still looks a bit stronger than …
This week we see bearish pressures mount against Bitcoin price dropping the digital currency giant to below April ATH and with even more probability of sharp short-term pullbacks. Bitcoin registered two consecutive ATH latest being in the region of $69,000 on the 10th of November. The landscape changed afterward, with the crypto assets plummeting downwards. …
Read moreOver $100 Billion Market Cap Lost In the Past 24 Hours, Will The Bears Prevail?