Bitcoin and Ether decline with minimal signs of support: Crypto daybook Americas

The crypto market faced significant weakness, with BTC and ETH experiencing substantial drops. Analysts indicate that recent inflows show a stronger preference for Bitcoin, which raises questions about Ether’s future performance.

The recent decline in crypto values triggered about 1.5 billion USD in leveraged liquidations. As market sentiment shifts toward Bitcoin, traders are watching for potential recovery signals amid oversold conditions.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts