Having made strong gains in the past few days due to riskier investment appetites, the cryptocurrency markets have levelled out heading into Thursday, with half a percent added to the global market capitalisation of US$858.5bn.
Bitcoin (BTC) is changing hands just below US$17,100, having hit a resistance wall, opening the possibility of a retreat to US$17,000 where a strong book of buyers supports the coin.
Ethereum (ETH) topped out at the US$1,300 resistance point before cutting back to the current market price of US$1,280. If bears maintain the upper hand, ETH could retrace its steps back to US$1,200.