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Bitcoin and Ether erase recent momentum

Bitcoin and Ether erase recent momentum
Market PictureBitcoin fell to $28K on Thursday, losing 2.8% in the last 24 hours. The crypto market is shrinking roughly at the same rate, losing 2.5% to $1.19 trillion.Bitcoin has completely wiped out the gains since 9th April and gave up 23.6% of the rally from the March lows. It is worth bracing for a more typical pullback of 38.2% from the rally to the 50-day average, near $26.7K. Such a drop promises to fray the nerves of crypto enthusiasts. A break below that level could quickly take the p... Read More
Posted: Apr 21 2023, 08:10
Author Name: forexlive
Views: 102215

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