The cryptocurrency market opens this Thursday with prices practically flat and a prevailing trend that leans more toward caution than optimism. Neither Bitcoin nor Ethereum has managed to break out of negative territory so far this year, and the rest of the top 10 also offers few surprises.
Bitcoin: stuck between supports and resistances
Bitcoin trades today in a range between $63,400 and $64,000, with a market capitalization close to $1.3 trillion. This morning’s data shows something noteworthy: the daily, weekly, monthly, and yearly trends for the opening price have turned negative, something that hasn’t happened in recent weeks.