Bitcoin, Ethereum Technical Analysis: BTC, ETH Enter August Trading Below $24,000 and $1,700 RespectivelyBitcoin was trading marginally lower to start the week, as prices of the token fell lower for a fourth consecutive session.
The world’s largest cryptocurrency has suffered from increased market volatility, following last Saturday’s surge to a six-week high above $24,000.
BitcoinBitcoin (BTC) was trading in the red to start the week, as markets fell for a fourth consecutive session on Monday.
EthereumIn addition to bitcoin, ethereum (ETH) was also lower for a fourth straight day, as bearish sentiment continues to sweep through crypto markets.
Following almost a week of lower lows, prices now seem to be moving towards a support point of $1,620.
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