A Possible Crypto Recovery Moving Into New Year, Risk-on Sentiments Send The Stock Market to Another Record High – Investing.com India
- Date: 01-Jan-2022
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
A Possible Crypto Recovery Moving Into New Year, Risk-on Sentiments Send The Stock Market to Another Record High – Investing.com India
and Ether continue to struggle as they trade around $48k and $3,800 respectively on Friday.
The leading cryptocurrency is now testing a key technical level that has been acting as a floor for Bitcoin over the past two years.
The latest drop in the largest crypto asset’s price has taken it to its 55-week moving average, a decisive break below which would take it to as low as $40,000.
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