Bitcoin continued its bearish run this week after facing a sharp rejection at $34,460, and fell by more than 5% on Monday. By the end of the week, it consolidated between $31,500 and $32,000, with a dominance of 46.53%.Meanwhile, Ethereum retracted sharply from $2,160 on Monday and plummeted by more than 8% to $1,970. It consolidated between $1,900 and $1,950 at the time of writing.Overall, all indices dropped. The price, volume, and volatility index declined 9.01%, 18.58%, and 44.35% respectively.
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Crypto.com Weekly Market Update (Week 28…
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Bitcoin continued its bearish run this week after facing a sharp rejection at $34,460, and fell by more than 5% on Monday. By the end of the week, it consolidated between $31,500 and $32,000, with a dominance of 46.53%.Meanwhile, Ethereum retracted sharply from $2,160 on Monday and plummeted by more than 8% to $1,970. It consolidated between $1,900 and $1,950 at the time of writing.Overall, all indices dropped. The price, volume, and volatility index declined 9.01%, 18.58%, and 44.35% respectively.