Bitcoin started the new week at $27,780
Bitcoin started the new week at $27,780 and Ethereum at $1,750. There is no data to follow in the global markets this week, the activity in cryptos may be caused by news flows in their internal dynamics.
Bitcoin, which saw the 9-month high of $ 28,860 last week, closed the week with a red candle and started the new week with a red candle. Today morning hours, Bitcoin shows activity at $ 27,780, while Ethereum finds buyers at $ 1,750.
Bitcoin has started the new week on a good note
On Friday, leading PMI data from the USA came above expectations and drew a positive outlook in economic activity, while PMI data from the Euro Zone presented a mixed outlook. After the incoming PMI data, while the US stock indices had positive closings, there were negative closings in the Euro Zone due to the concerns of banking crises. Looking at the futures indices this morning, a mixed trend prevails, while a negative outlook prevails in the crypto money market.
The total value of the crypto market is moving at the level of $1.12 trillion, above the psychological resistance of $1 trillion, with pullbacks. Bitcoin's dominance continues to rise, with 47.75% and Ethereum dominance at 19.05%. Today, RAD, JOE, UMA and AUCTION stand out as the most rising cryptocurrencies in Bitay with double-digit gains.
Although there is no important data in global markets today, the mobility in cryptos may be caused by news flows in their internal dynamics.
