Market Wrap: Musk-Induced Sell-Off Spurs Crypto Price Drop Before a Slight Recovery
Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.
Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.
Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.
Positive news from El Salvador couldn't completely overcome negative news out of China.
Ether is providing some with hope as its momentum, in the form of volume, continues to beat bitcoin for the 10th straight day.
Ether’s dominance is at 19.78%, the highest it has been since May 16.