At the time of this writing, the cryptocurrency market is limited, the total value of all digital assets in circulation amounted to 103 billion US dollars. In general, the market has lost more than $ 10 billion in one week, ignoring the positive news.
Bitcoin (BTC) price has remained unchanged since early Monday. Now, the # 1 cryptocurrency costs about $ 3,300. However, this resistance level may not be easy for short-term Bitcoin bulls.
The Ripple (XRP) price fluctuates at $ 0.29, down 0.08% in the last 24 hours. The second largest coin by market capitalization is moving within a short-term bearish trend with diminishing volatility.
Ethereum (ETH) , the third largest digital asset, is trading at $ 86.9, killing time in a range that has remained almost unchanged since the end of the previous week. The coin remains above the key support of $ 85, although it is necessary that it rise above at least $ 90 for further recovery. The market capitalization of ETH dropped to $ 9 billion, while the average daily trading volume today was $ 1.4 billion.
Other large altcoins show a similar trend, waiting for the new catalyst to resume its decline or start a significant recovery.
And what do you think about this?
