The weekend usually offers some rather inverse cryptocurrency market momentum. Whereas last week was mainly about currencies gaining value, the weekend looks a bit bleak in this regard. One interesting market trend comes in the form of Ethereum. It suffers minor USD losses, yet gains a fair bit of value on Bitcoin. As such, everything seems to be going according to plan.
No one will deny this weekend is not shaping up as most people would have liked to see. Although there is absolutely no reason to panic just yet, the positive trend established throughout the first five days of the week cannot be sustained. That is unfortunate, although there is plenty of room for a minor breather after a somewhat wild week.