Week in review; altcoins still in a slump since September
Last week saw a deterioration in market technicals, with losers outnumbering gainers. Bitcoin (BTC) gapped down on couple of negative announcements (BitMEX lawsuit, Trump health), but recovered about half of its loses, and continues to trade in the $10K-11K...
Read moreWeek in review; also some recent winners: TFUEL, CEL, THETA, XEM
Last week we saw an improvement in market technicals, with balanced gainers and losers. BTC has stabilized in a $10K-$11K range, which helped the altcoins as well. Many altcoins are near their strong support levels too. Below, for trend...
Read moreWeekly performance….don’t look, it’s ugly
Last week’s top 50 performance….guess crypto is still a risk-on asset class. Resembling the ongoing correction in NASDAQ tech stocks (down 10-20%), the large cap cryptocurrencies also remained under pressure last week, with notable exceptions including Bitcoin (BTC, +2.70%),...
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