Morning #Elliot Fam 😍
Contrary to everyone’s expectations, #Bitcoin closed May in the green. Also Bitcoin (BTC) Price Recovers From a Weekly Low, Ethereum (ETH) Eyes $3.8K (Weekend Watch)
The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark.
BTC Recovers
The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to emerge about a potential challenge to the all-time high of $73,800, though, the landscape changed and BTC slumped by more than three grand by Tuesday.
ETH Aims at $3.8K
Somewhat expectedly for the weekend, the price actions have diminished. #Ethereum is up by around 1% on a daily scale and now sits close to $3,800, but this movement is far from the volatile ride that the asset went through last week amid the ETF news.
BNB, SOL, XRP, ADA, and DOT are with insignificant gains, while LINK and PEPE have increased by around 3-4% in a day.
In contrast, #SHIB slumped by almost 3%, while UNI slumped by 6% and is close to breaking below $10.
The total crypto market cap has seen about $20 billion gone in a day and is down to $2.660 trillion.
