The crypto market capitalisation has fallen by 0.6% over the past 24 hours to $2.35 trillion. The market continues to hover around its 50-day moving average, reflecting a fierce battle for the medium-term trend. Top coins are predominantly down following renewed caution in traditional financial markets.

The day’s leaders are (+3.1%), (+0.9%) and Basic Attention Token (+0.6%). Among the underperformers are (−9.7%), (−8.6%) and Ethereum Classic (−5.5%).

briefly exceeded $70K on Monday but failed to hold the level, retreating to $68.6K by Tuesday morning. This represents further fluctuations within the corrective rebound pattern in which the leading cryptocurrency has been trading for the past two months. The latest price…