Bitcoin and Ethereum rallied to offset some of the weekend’s losses but remain under “decent selling pressure” due to rising inflation. The largest coin by market cap gained 4.6% to US$40,764. It had fallen as low as US$38,725 yesterday before trading back above the key support level of US$40,000. Ethereum climbed 4.33% to US$3,044. The coin had also fallen below its key support level of US$3,000 over the Easter weekend.
The Crypto Report: Cryptos rally above key support levels but remain under decent selling pressure
