RATE Group | Cryptocurrencies Market News: BitMEX issues
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Cryptocurrencies Market News: BitMEX issues

19 May Cryptocurrencies Market News: BitMEX issues

Posted at 22:29h in Cryptocurrency News by

  • Crypto sentiment is mixed on Tuesday.
  • BitMEX experienced an unexpected downtime due to technical issues.
  • BlockFi revealed they have been hacked.
  • Iran is set to restrict Crypto exchanges under ‘currency smuggling’ laws.

 

Crypto sentiment is mixed on Tuesday.

Bitcoin is once again stalling near the 10K level. Both Monday’s and Tuesday’s candlesticks have been pretty indecisive (doji candles), which shows that the market is lacking any clear direction at these levels.

All we can do for now is look for breakout levels that could give us more clues on the future path of the digital gold. If the 10K level does break then there is a decent resistance zone very close by. 10522.51 has been used on three occasions on this chart alone to good effect could the next break be the real one?.

Litecoin has trading 0.60% lower but has recently bounced off the session lows. The price holding around 45.00 and looks like it could potentially break past the opening…

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