There has been no recovery from this week’s big crypto selloff and markets are still down. Very little movement has occurred over the past couple days which leaves markets at just over $200 billion, very close to their yearly lows.
Bitcoin found support at $6,400 and moved up slightly to $6,500 however over the past 24 hours it has remained flat. The next major resistance level for BTC is around the $6,600 mark. Ethereum has continued to slide and is at its lowest point for over a year. ETH shed another 4% on the day and is just below $220, a fall below $200 could be very bad for the world’s second largest crypto.