Unsurprisingly, Bitcoin and Ethereum Hold Support With Little Price Action This Weekend The weekly pattern for crypto markets continues. After slight volatility this week, with Bitcoin holding at $19k and Ethereum staying above $1,300, the trading volume and price action drop dramatically this weekend as the market decides to lay low. Key Points: The global cryptocurrency market remains in the bearish territory with dropping volume and a valuation below $1 trillion. Bitcoin’s fear and greed index are at 20 points, signaling extreme fear this Saturday. The dropping trading volume suggests a low volume pullback technical correction likely to last until Monday. The long-term potential for Bitcoin, Ethereum, and crypto markets remains bullish, The post Unsurprisingly, Bitcoin and Ethereum Hold Support With Little Price Action This Weekend appeared first on The Merkle News.
Author: Mark Arguinbaev
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