After showing bearish momentum during yesterday’s indigenous day holiday, crypto markets continue to decline in price as BTC is struggling to hold support at $19k and ETH broke through the $1,300 level. The global cryptocurrency market cap saw a further decline of 1.38% today, with the current valuation at $921 billion. Key Points: The global cryptocurrency market continues to show bearish signals as BTC and ETH struggle to hold support. Stock markets continue to underperform as the Fed’s aggressive monetary policy continues. While BTC and ETH are trading relatively low, now is an excellent opportunity to dollar-cost average your investments
The post Cryptocurrency Markets Continue to Face Bearish Momentum as BTC and ETH Fail to Hold Support appeared first on The Merkle News.
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