Bitcoin and Ethereum Prices Test Support as Crypto Market Rebounds

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After yesterday’s bull run, where Bitcoin and Ethereum saw substantial price growth, today’s markets are testing support levels. Trading volume for BTC and ETH is also down by an average of 30% in the past 24 hours, signaling that cryptocurrencies are taking a break this Thursday. Let’s look at relevant crypto and global news affecting markets today. Key Points: Crypto markets test newfound support after significant bullish momentum earlier in the week. A report from Yahoo Finance uncovers that Core Scientific might be filing for bankruptcy soon as it can’t afford to pay its debt payments for October and November.

The post Bitcoin and Ethereum Prices Test Support as Crypto Market Rebounds appeared first on The Merkle News.

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