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Bitcoin attracts buyers on the dip to 200-week MA

Market pictureBitcoin fell 6.9% last week to close at $26,900, while Ethereum lost 6.2% to $1800. Top-10 leading altcoins lost between 3.1% (Cardano) and 12.2% (Polygon).The total capitalisation of the crypto market fell by 5.5% over the week to $1.13 trillion, according to CoinMarketCap. One of the main reasons was issues at Binance, where BTC withdrawals were suspended twice.Bitcoin proved interesting for sellers as it touched the 200-week average, passing close to $26,000 last Friday. By defe... Read More

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Bitcoin

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200 Week

200 week

Forex

Posted: May 15 2023, 09:22

Author Name: forexlive

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