Crypto markets have cooled off following a strong week of gains. Global market capitalisation sits at US$978bn, having dropped 2.5% this morning, though week-on-week (WoW) remains over 7% higher.
Bitcoin similarly dipped 2.5% to US$20,170, marking WoW gains of 6%. Despite the recent price swings, it has been a month of exceedingly low volatility for bitcoin, having mostly stayed tightly within the US$19,000 and US$20,000 range.
Ethereum is just holding onto the US$1,500 barrier, having soared some 16% across the last seven days following an increasingly riskier appetite among US investors.