RATE Group | Cryptocurrencies Market News: Crypto majors stall as and Tezos outperforms
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Cryptocurrencies Market News: Crypto majors stall as and Tezos outperforms

18 May Cryptocurrencies Market News: Crypto majors stall as and Tezos outperforms

Posted at 21:03h in Cryptocurrency News by

  • Crypto majors stall as and Tezos outperforms.
  • Digibyte CEO steps down and DGB tanks.
  • Bakkt grows its institutional client base as demand for regulated assets grow.
  • Fortnite players approve of Reddit’s news cryptocurrency.

 

Crypto majors and Tezos outperforms.

Bitcoin (0.15%) sentiment has been mixed on Monday as the price moved back and forward between positive and negative for the session. The price has found some support 9600 which confluences with the hourly 55 exponential moving average (EMA). There is also a trendline on the hourly chart that the price has bounced off which added to the strength of the aforementioned 9600 level.

Litecoin (3.39%) is still under the 50.00 psychological level and doesn’t look like pushing higher after a technical resistance zone halted any potential move. Ethereum (2.86%) has fared slightly better and continues to holds above the 200.00 zone. 

The clear outperformer on Monday has been Tezos. The altcoin has risen…

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