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The Crypto Report: Bitcoin and Ethereum remain stuck in a sideways trade

The Crypto Report: Bitcoin and Ethereum remain stuck in a sideways trade

The crypto markets have inched slightly down over the past 24 hours, with global market capitalisation currently sitting at US$921bn.

Bitcoin’s relentless sideways trade remains a point of concern for traders, with speculation of a significant breakout mounting. After dropping half of a percent to US$19,130 over the past day, the world’s largest cryptocurrency is still struggling to regain the key US$20,000 price point.

Ethereum is acting in a similar manner, having also dipped half a percent to bring its exchange price down to US$1,290.

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