RATE Group | Bearish Monday pressures on Bitcoin and major altcoins
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Bearish Monday pressures on Bitcoin and major altcoins

Bearish Monday pressures on Bitcoin and major altcoins

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Here’s what you need to know on Monday

Markets:

– BTC/USD is currently trading at $8,097 (-1.1% since the beginning of the day). The coin has retreated from the intraday high of $8,193, though the trend is still bullish. 

– The ETH/USD pair is currently trading at $143.4 (2.2% since the beginning of the day). The Ethereum retreated from the intraday high of $146.95; now, it is moving within a short-term bearish trend amid low volatility. 

– XRP/USD settled at $0.2112 after an attempt to move towards $0.2200. The coin is down 1.8% since the beginning of Monday.Among the 100 most important cryptocurrencies, the best of the day are DxChain Token (DX) $0.0010 (+18.5%), Synthetix Network Token (SNX) $0.9369 (+16.5%) and TomoChain (TOMO) $0.4865 (+11.7%), The day’s losers are, Ren (REN) $0.4320 (-7.1%), LUNA (LUNA) $0.1980 (-5.42%) and Energi (NRG) $1.70 (-5.12%).

Chart of the day:
EOS/USD, 1-hour chart

Market:

– Bitcoin trading volumes more than doubled in…

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