Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
Also, ether continued to move higher after the Berlin Fork.
Also, 98 cryptocurrencies are now valued at more than $1 billion each.
“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.
Crypto bulls are taking over the market in anticipation of Coinbase's direct listing.
The listing could spur newbie investors to try cryptocurrencies.