Cryptocurrency Markets Show Bearish Momentum as Bitcoin Dips to $19K and Ethereum Drops Below $1,600

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After showing slight bullish momentum on Friday, cryptocurrency markets are again in the bearish territory this Saturday as BTC dips below $20k and ETH struggles to hold support at $1,600. The global cryptocurrency market remains below $1 trillion, valued at $974 billion, down 2.5% in the past 24 hours. Let’s look at relevant Bitcoin and Ethereum news impacting today’s markets. Key Points: Crypto markets are showing slight bearish momentum this Saturday as BTC and ETH are down 2-5%. Last week, a Bitcoin whale decided to offload 10k Bitcoins, creating further bearish momentum for BTC. Jerome Powell’s speech last week was

The post Cryptocurrency Markets Show Bearish Momentum as Bitcoin Dips to $19K and Ethereum Drops Below $1,600 appeared first on The Merkle News.

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