After an excellent performance last week, with Bitcoin and Ethereum prices showing double-digit price growth, cryptocurrency markets are facing mounting bearish momentum this Tuesday, with Bitcoin’s price struggling to hold current support levels of $21k. Ethereum shows increased volatility with even more substantial price declines of 8% in the past 24 hours. What’s causing the recent drop in crypto prices? Let’s find out. Key Points: Global cryptocurrency market capitalization falls below $1 trillion. Bitcoin’s price struggles to hold support at $21k, likely to fall to $20k. Ethereum’s “merge trade” hype is slowing down with declining trading volume. Tesla records a
The post Bitcoin Price Struggles to Hold Above $21K, Global Crypto Market Cap Falls Below $1 Trillion appeared first on The Merkle News.
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