Bitcoin and Ethereum both added to gains after their midweek recovery, although it has been a mixed bag for the crypto market with many coins in the red, despite more positive sentiment in stock markets. The largest coin by market cap climbed back above the US$40,000 mark overnight but was unable to trade above its key support level for any sustained period, gaining only 0.32% to US$39,508 over the past 24 hours. Ethereum was stronger, rising 1.26% to change hands at US$2,922, although it hasn’t traded above US$3,000 for the last three days and like Bitcoin remains near monthly lows.
The Crypto Report: Bitcoin and Ethereum make gains in what is another mixed day for crypto market