Bitcoin and Ethereum Divergence Presents a Bearish Outlook for Cryptocurrency, Warns VanEck

Reported 1 day ago

VanEck's Digital Asset Research Chief, Matthew Sigel, has indicated a rare divergence between Bitcoin and Ethereum, signaling a potential bearish trend for the crypto market. While Bitcoin experienced a significant drawdown, Ethereum did not mirror this movement, which historically precedes bearish outcomes. Despite recent volatility, analysts remain cautiously optimistic about long-term institutional support for Bitcoin.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis