Bitcoin, ether nurse losses, lurk near critical levels By Reuters – Investing.com

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.