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Bitcoin Struggling And Ethereum outperforming

Adel 23 July, 2020 6:04 pm Cryptocurrency, Market Update

Bitcoin is struggling to stay above $ 9,500 with bullish momentum fading and the technical picture indicates that the price may fall to 9400 before resuming the rally. Interest in bitcoin reached its lowest level since December 2019 amid fluctuations and low trading volumes.

Bitcoin dominance index fell to 61.5% as alternative cryptocurrencies as Chainlink and Ethereum outperformed and the first currency gained about 7% to $ 8. Ethereum settled above the critical technical level amid strong bullish momentum.

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