NVDA - Bitcoin Ethereum Dogecoin Fall On Investor Worries: Analyst Warns Of King Crypto's Dip Below $60K | Benzinga
Leading cryptocurrencies faced selling pressure over the weekend, as investors remained skeptical of the market’s upcoming moves.
What Happened: Bitcoin plunged below $63,000 during Sunday trading hours, expanding the world's largest digital asset's monthly losses to nearly 7%. The King Crypto has trended downward since hitting $71,000 earlier this month.
Ethereum continued to bleed as well, as traders waited for spot ETFs to be listed on stock exchanges.
The speculative market exercised caution as Open Interest in Bitcoin futures fell 0.76% in the last 24 hours. Most of the new positions were long on the apex crypto. That said, the overall bias of the market was in favor of price declines, according to the Long/Short Ratio.
The Cryptocurrency Fear & Greed Index flashed "Neutral" ahead of June's last trading week, a sharp reversal from "Extreme Greed" seen during the first week of the month.
Top Gainer (24-Hours)
Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. EDT)
Toncoin (TON) +2.76% $7.55
Fantom (FTM) +1.10% $0.5851
Fetch.ai (FET) +0.33% $5.76
The global ...