Cryptos benefit from the improved risk sentiment Ethereum is trading above the 50-day SMA Momentum indicators remain bullish Ethereum is recording a green session today, recovering its mid-week weakness and testing the resistance set by the 2,667 level. The improved risk sentiment in equity markets has boosted demand for cryptocurrencies, helping ethereum to quickly bounce […]
Market picture The crypto market lost over 5% in 24 hours, to $1.52 trillion. Bitcoin has remained under pressure since the start of the week after pausing in the sell-off on Saturday and Sunday. The persistence of the sell-off has triggered a sell-off in many altcoins, losing with greater amplitude than BTC. The very nature […]
The post Crypto’s Decline Looks More Like a Sell-off than a Correction appeared first on Action Forex.
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