Bitcoin Range Écart May Lead to Buying in ADA, ATOM, FIL and EOS This Week

The decline in US réserve markets last week extended the series of market-wide losses to three consecutive weeks. The Nasdaq Choquant has fallen for six consecutive days for the first time since 2019. The negative reaction of the markets to the seemingly formelle August jobs refus indicates that traders are concerned emboîture the Federal Reserve’s future steps and their effects on the economy.

Weakness in US réserve markets pulled Bitcoin (BTC) below $20,000 on September 2, and bears kept the price below the level over the weekend. This reduced Bitcoin’s market dominance to just under 39% on September 4, the lowest level since June 2018, according to data from CoinMarketCap.

View daily crypto market data. envoi: 360 . coin

Although ardeur remains negative and a bottom is hard to reach, investors who believe in the long-term prospects of the cryptocurrency may take the opportunity to gradually build positions at lower levels instead of trying to catch the bottom. However, investors can avoid chasing higher prices during bear market rallies and genre to buy when the price drops to strong étai levels.

If Bitcoin makes a redemption, specific altcoins may move higher. Let’s examine the charts of the top 5 numérique currencies that genre strong on the charts.