After a bullish rally last week and a weekend of sideways trading, Bitcoin price is struggling to hold the $24k support level this Monday as trading volume shows a substantial increase. Bitcoin is trading at $24,090, with a 24-hour trading volume increase of 50%. Ethereum’s price dipped below $1,900 this Monday, with its market cap hovering at half of Bitcoin’s. Key Points: Bitcoin price tests support at $24k, while Ethereum struggles to hold above $1.9k The 24-hour trading volume for BTCUSD and ETHUSD shows a significant increase, suggesting a price continuation pattern for the digital assets. Bitcoin briefly surpasses $25k
The post Bitcoin Price Struggles to Hold Support as Trading Volume Rises appeared first on The Merkle News.
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