Bitcoin Price Rejects $25K, as Cryptocurrency Markets Continue to Lose Momentum

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After peaking at $25k on Sunday, continuing to trade sideways in the $24k range, and now falling to the $23k level, Bitcoin is struggling to hold current support as trading volume continues to decline. While the cryptocurrency market remains above the $1 trillion market cap range, BTC and ETH are seeing single-digit-percent losses this week of 3-4%. With Bitcoin and Ethereum behaving, we’ll likely continue to see the crypto assets testing support and decline until next week. Key Points: Bitcoin continues to trade sideways in the $23-24k range. 24-hour trading volume subsides as cryptocurrency markets remain flat. Significant losses in

The post Bitcoin Price Rejects $25K, as Cryptocurrency Markets Continue to Lose Momentum appeared first on The Merkle News.

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