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Bitcoin, Ethereum, Ripple: Market share war shakes crypto market

From fxstreet.com

The cryptocurrencies market started the last week of May with significant drops that closed last week below the $9000 price level for Bitcoin. Ethereum confirms the market's weakness in the short term as it closed yesterday at the price level of $195.5. Closing below the $200 level with such a small margin shows that the bulls are not in the business of defending the price structure to keep it up. The dominance charts confirm the trend change initiated last week and Bitcoin continues to lose market share against Ethereum and other Altcoins. XRP recovers the pace of improvement in market share in a significant way ... (full story)

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  • Category: Technical Analysis