Bitcoin and Ethereum were trading largely sideways on Tuesday morning after sinking to lows over the weekend. After sinking below US$38K on Saturday, the largest cryptocurrency by market value continued to languish below its key support level of US$40,000, giving up 0.6% to US$38,615 over the past 24 hours. Ethereum outpaced its bigger rival, rising 0.5% to US$2,851 after hitting a six-week low over the weekend and marking almost two weeks since the second-largest digital coin was regularly changing hands above US$3,000.
The Crypto Report: Bitcoin and Ethereum continue to languish as crypto bears prevail
