Bitcoin, ether nurse losses, lurk near critical levels By Reuters – Investing.com
- Date: 17-Nov-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Bitcoin, ether nurse losses, lurk near critical levels By Reuters – Investing.com
By Alun John and Vidya Ranganathan
HONG KONG/SINGAPORE (Reuters) - and ether, the world's two largest cryptocurrencies, stayed weak on Wednesday and near critical levels that analysts believe could spell further weakness if breached.
Bitcoin last traded around $59,000, down 1% on the day, and off about 12% from the record high of $69,000 set on Nov. 10, while ether was at $4,163, more than 14% lower than its peak $4,868.