Bitcoin and Ethereum have given up the gains made at the end of last week as Russia’s kept up its attack on Ukraine and US President Joe Biden warned China about the drawbacks of joining the former country in war. Bitcoin eased 2.2% over the past 24 hours to US$40,990, while Ethereum fell 1.9% to US$2,871. Volumes of Ethereum‘s Ether token held via crypto exchanges has fallen to its lowest levels since September 2018, according to data from Glassnode. This was, according to specialist media, a signal that are holding in hopes of a price rally in 2022.
The Crypto Report: Bitcoin and Ethereum lag as crypto market follows footsteps
