The two bellwethers within the crypto landscape traded higher on Wednesday as bitcoin and ether rose 0.42% and 1.34%, respectively.trading volume continues to fall below its 20-day moving average, highlighting a decline in activity. The trend also indicates that markets will continue to trade in a range for the foreseeable future. BTC began the 13:00 UTC hour testing $19,150 before reverting to its current level.
Oil prices are likely to increase following OPEC’s decision last week to reduce oil production. A rift between the U.S. and Saudi Arabia could create additional ripples in energy markets.
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