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Crypto markets are mixed this morning with Bitcoin remaining in the range of multi-week lows. Volumes have again pulled back ahead of the North American long weekend.
Yesterday, Bitcoin Fell $600 In 30-Minutes, Coins In The Top 10 Are Generally Down In The Range Of -10% Over The Last 24-Hours - We See The Move Lower As The Product Of Pre-Existing Downside Risk And Thin Markets
Crypto is lower with every coin in the Top 20 red. In spite of the correlated move, volumes remain light and in the range of 50% of the 30-day average on most major exchanges.
Crypto is mostly higher today. Volumes in the space were abysmal over the weekend with Bitfinex at times trading ~35% of the 30-day average.
Crypto was higher in the past 24-hours. While volumes remain modest, BTC/USD is playing with some important technical levels.
Crypto is selling off today with BTC trading around the psychologically important USD 10,000 level. In spite of the velocity of the move, volumes have remained below recent averages.
Crypto is on balance lower today. Volumes are once again quiet with activity on most major trading venues about 65% of a declining 30-day average. Bitcoin successfully defended the psychologically important USD 10,000 level last week.
Crypto activity is once again quiet. Price action over the weekend was generally positive after Bitcoin successfully defended the psychologically important USD 10,000 level last week.
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