Crypto markets plunge as Euro trading hours start, Bitcoin loses support at $22,000

2 years ago

Cryptocurrencies fell sharply during the commencement of Euro trading hours, with the full crypto marketplace headdress losing 3% to bottommost astatine $1.049 trillion.

Bitcoin fell 6% to the downside, losing $22,000 successful the process. The plaything dropped arsenic debased arsenic $21,400, marking a three-week debased for the marketplace leader. A flimsy rally followed, with BTC priced astatine concisely regaining $22,000.

The Relative Strength Index (RSI) plunged to 38.53, a level not seen since July 12. At writing, further merchantability unit is mounting, with an imminent retest of $21,400 enactment looking likely.

Bitcoin regular  chartSource: BTCUSD connected TradingView.com

No caller cardinal developments person transpired during this time, making the crushed for the driblet unclear.

The station Crypto markets plunge arsenic Euro trading hours start, Bitcoin loses enactment astatine $22,000 appeared archetypal connected CryptoSlate.

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