Bitcoin tries to recover from the loss
On the first business day of the new week, Bitcoin and Ethereum are trying to make up for the weekend loss.
Bitcoin, which rose to $ 25,250 last week, receded to $ 22,720 at the weekend. Today, it is priced at $23,370 above $23,275. Ethereum still hasn't crossed the $1,720 level and is moving around $1,635. We can say that Ethereum shows more positive activity than Bitcoin. Bitcoin dominance below 44 keeps altcoins a little stronger, while Ethereum dominance is on the rise with 19.4.
Bitcoin tries to recover from the loss of the weekend
Data from last week show that the FED will not slow down the rate of increase. These data, which caused an increase in the dollar, caused a decrease in the risk appetite in the market. There is not a very intense macro agenda item in the crypto money market this week, so news flows on the internal dynamics of cryptos will be important. The market will also follow the Core durable goods orders data coming from the USA at 16:30 Turkey time and the speeches of the FED members.
Forward indices, on the other hand, show a horizontal positive trend. The total market cap of the cryptocurrency market hovers around $1.03 trillion. Today, the highest risers of the day in Bitay stand out as AKRO, RIF, DODO and STG.
