Crypto markets still in slow slide; Bitcoin Cash rebounding

in #margin6 years ago
  • The daddy of crypto is still ranging though volume has increased over the past couple of days, a drop below $6,300 could lead to heavier losses. Ethereum is following suit with another 1.5% decline on the day taking it to $206.
  • Bitcoin Cash which has risen to 2% to $519. The rest are extending losses with Stellar leading the pack dropping 4.5%. EOS and Cardano have both lost 2 – 3 percent on the day.
  • Up even more Sirin Labs Token jumping 18% but these are likely to dump as quick as they have pumped in the next few days.

  • However markets are still consolidating in a channel between $200 and $220 billion. Bitcoin dominance is slowly creeping back up and is currently 52.6% as its losses are not as severe as its brethren’s.
  • Altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

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