The untypical lack of any volatility continues for bitcoin as the cryptocurrency keeps trading around $22,400.
The altcoins are in a similar state, with little-to-no movements from most larger caps. FLOKI has taken advantage and has popped into the top 100 after a massive daily surge.Last Friday saw a massive price plunge from bitcoin that drove it from over $23,400 to just below $22,000 in minutes as the Silvegate issues intensified. However, that was the last piece of price volatility for the cryptocurrency for the next several days.
The weekend was somewhat expectedly calm as the trading volumes had declined. Nevertheless, Monday didn’t produce any large price movements either, as BTC traded in aAll that could change later today when Fed Chair Jerome Powell is scheduled to testify in front of Congress about the central bank’s monetary policy.
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Source: CNBC - 🏆 12. / 72 Read more »