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Cryptos Turn Choppy As Bounce Momentum Ebbs
Cryptos Turn Choppy As Bounce Momentum Ebbs
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Joined: 2022-01-01
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SINGAPORE, May 27 (Reuters) - Cryptocurrencies slipped on Thursday, forex megaliner robot though without falling through recent lows, forex pips hunter robot as traders clung to hopes that a nascent recovery from last week's plunge can regain its momentum. Bitcoin has failed to hold above its 200-day moving average and it fell about 4% in the to $37,619.  
Ether, the coin linked to the ethereum blockchain network and the second-biggest cryptocurrency by market value, fell more than 7% to $2,675.10. Both have marked sizeable year-to-date gains, with bitcoin up about 30% and ether more than tripling. But a month-long selloff culminating in a sharp collapse last week has each of them well below record peaks made in April. (Reporting by Tom Westbrook; Editing by Jacqueline Wong)  
  

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