BTC Bounces at Support
BTC moved further down this morning to test lower support, however, it bounced after reaching approximately $62.3k. The MFI has trailed further down, however, it is nearing oversold territory while momentum remains fairly neutral from the MACD.
The overall cryptocurrency market cap is just below $2.8 trillion and the overall volume is around $130 billion.
ETH’s MFI is attempting to move upwards and so is the momentum from the MACD, however it remains to be seen whether this upward movement can be maintained.