Cryptocurrency Market Update: FOMO Failing, Good News Not Helping Altcoins15.37

The lassitude continues as we end another week in crypto land. No momentum has come from anywhere despite several positive news developments for a number of crypto projects. Total market capitalization has dropped back below $210 billion as cryptos sink into the weekend.

Playing the digital piper is Bitcoin, falling back a percentage point on the day to $6,480. Technical gurus are calling a descending triangle and failure to break resistance so further losses could be imminent. Ethereum is the same, falling back another 2% today to take it to $203, a very low level.

Original source
https://www.newsbtc.com/2018/10/19/cryptocurrency-market-update-fomo-failing-good-news-not-helping-altcoins/

Add comment

Please Sign in to be able to leave comments.