As the consolidation continued, the weekend passed with no major movements on crypto markets. Total market capitalization has climbed a bit and managed to recover back to the levels of yesterday, but volume has dropped off a bit as we start a new week in crypto land.
The high point of Bitcoin for the past 24 hours was $3,960, but it fell back to an intraday low of $3,925 and remained within that range for a few days now. The more resistance BTC bounces, the more likely it will fall back to lower levels. Bitcoin currently trades at $3,950 as it comes back to the resistance zone.
Source provided by Tradingview
Over the past day, Ethereum hasn’t moved at all and static at $137. There are no fundamentals in the pipeline as Bitcoin’s movements are being helplessly followed by ETH.
