Bitcoin and Ethereum catch their breath amid market mayhem

Bitcoin and Ethereum catch their breath amid market mayhem

In a madcap time of immense disruption, the crypto markets took a breather to round the week off, with most major cryptocurrencies showing minimal price action.

Bitcoin managed to stave off any further losses by inching higher to US$16,665, but the bulls face still resistance before reclaiming support above US$17,000.

Week on week, bitcoin is slightly more than 4% down against the US dollar.



Bitcoin (BTC) consolidates lower post FTX collapse – Source: currency.com

Ethereum also…


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