Market Wrap: ‘Oversold’ Bitcoin Down to $35K, ETH Drops to $2.5K

Investors have been selling bitcoin for the past week, according to on-chain data. Meanwhile, ether’s daily trading volumes have consistently outpaced BTC’s.

  • Bitcoin (BTC) trading around $35,987 as of 21:00 UTC (4 p.m. ET). In the red 2.5% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $35,754-$37,833 (CoinDesk 20)
  • Ether (ETH) trading around $2,549 as of 21:00 UTC (4 p.m. ET). Losing 3.2% over the previous 24 hours.
  • Ether’s 24-hour range: $2,532-$2,734 (CoinDesk 20)

Bearish bitcoin…


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