ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000.
Bitcoin
Following marginal gains above the $30,000 level during yesterday’s session, BTC once again fell below this point.
Friday saw BTC/USD trading at a high of 30,664.98, however these gains were short-lived, with prices falling to a bottom of $28,793.61 earlier today.
As of writing, prices are down 3.27% to start the weekend, with this decline coming as bulls were unable to sustain the price floor at $28,800.
The recent consolidation in bitcoin comes as a result of increased market uncertainty, following recent actions by the Federal Reserve, leading investors to move away from riskier assets.
This is encapsulated by the fact that BTC has only seen a marginal move in price over the past week, despite all the ups and downs.
Overall and as we speak, prices
We współpracy z: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-eth-back-below-2000-to-start-weekend/
