Cryptocurrencies started the week stagnant as the overall bullish run at the end of last month languished. The king of digital currencies eased 0.4% lower to US$46,229, while its biggest cousin by market value, Ethereum, advanced 0.2% to US$3,505. Naeem Aslam, Avatrade chief market analyst, said: “Consolidation is the only trend which comes to mind when one looks at the Bitcoin price. “Traders are hoping that bulls will gather some momentum and they will get to see the price breaking the 50K price level.”
The Crypto Report: Bitcoin and Ethereum languish as cryptos remain still