Bitcoin and Ethereum recovered some ground, with most other cryptos languishing as the Nasdaq remained flat despite “pretty decent quarterly earnings” from Meta. The largest coin by market cap gained 2.38% to US$39,390 to offset some of yesterday’s losses, although it is still trading below its key support level of US$40,000. Ethereum also rose slightly, gaining 1.24% to US$2,887, but also trading below its own support level of US$3,000. Most other cryptos were in the red, with a mixed bag performance possibly explained by flat a Nasdaq.
The Crypto Report: Bitcoin and Ethereum recover ground as global tech indices remain flat