BTC Defends $100k, ETH Breaches $3,300 Support
Continuing our crypto news update from yesterday, the broader crypto market is hanging on for dear life. was trading around $103,000 yesterday, from where it fell to $100,000 and is currently trading at , trying to defend its current position.
(Source: CoinMarketCap)
Its price is currently moving between $100,412 and $103,478 and is showing signs of a slowing in momentum. The effects of its earlier rally that led to its ATH have cooled down, and traders are now more cautious.
For now, the short-term outlook looks bearish. The $100,000 level is a key support. If it holds, BTC might stabilize or bounce back from here. However, if it breaks below this level, prices could fall further, possibly towards $94,000, depending on how…
