Bitcoin extends correction as Ethereum sees ‘picture perfect rejection’ at all-time highs

A copycat move from ETH leaves investors noticeably disappointed and puts the brakes on the “up only” trend of the past week.

Ethereum (ETH) на Currencies.ru

$ 1777.56 (+0.46%)

Объем 24H $17.188b

Изменеия 24h: 0.52 %, 7d: 11.71 %

Cегодня L: $1759.25 - H: $1815.5

Капитализация $214.522b Rank 2

Цена в час новости $ 4019.09 (-55.77%)

Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022.

Liquidity is strong on alt markets as Bitcoin gives way to Ether after a battle that has raged throughout 2022.

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Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020.

Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed.

BTC price action remains at the mercy of equities performance at the Wall Street open.