Bitcoin and Ethereum fail to rally support as contagion continues

Bitcoin and Ethereum fail to rally support as contagion continues

Global crypto markets took a 2% hit today as contagion fears continued spreading to more platforms, including the Winklevoss Twin-owned Gemini exchange.

Bitcoin fell back half a percent to US$16,550 after failing to overcome bearish resistance, raising the possibility of a retraction to US$16,450 support levels in the coming sessions.

 

A fresh low for bitcoin (BTC), or bullish support on the way? – Source: currency.com

Ethereum cut a similar path, having been sent back to US$1,200…


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *