Bitcoin and Ethereum offset yesterday’s gains, tumbling back below key support levels as the tech-heavy Nasdaq slipped to its lowest level in a month. The largest coin by market cap, Bitcoin, fell 4.29% to US$38,740, while Ethereum lost 4% to US$2,874. Both coins are trading below their significant support levels of US$40,000 for Bitcoin and US$3,000 for Ethereum. Cryptocurrencies over the last year or so have increasingly mirrored the movements of the equity markets as investors and traders moved into the world of digital tokens.
The Crypto Report: Bitcoin and Ethereum fall below key support levels, offsetting yesterday's gains
