Bearish Downturn Continues as Crypto Markets Struggle to Maintain Support

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Cryptocurrency markets continue to struggle after failing to hold support last night, causing additional bearish pressure this Wednesday. Bitcoin remains below the $20k level, trading at $19,103. Ethereum is also down below $1,300, currently at $1,294. The short-term sentiment for cryptocurrencies remains bearish this week as global markets continue to struggle this October. Key Points: Cryptocurrency markets continue to show bearish momentum, with BTC and ETH failing to hold support. The SEC starts its probe into Yuga Labs for potentially violating securities laws. Google Cloud will start accepting crypto payments via Coinbase for select services. Decreasing price and trading volume

The post Bearish Downturn Continues as Crypto Markets Struggle to Maintain Support appeared first on The Merkle News.

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