First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading

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A recent report from South Korea-based CryptoQuant outlines a number of different price valuation metrics that show bitcoin bottoming out between $10,000 and $14,500; ether drops below $1.7K on Monday. TheSamReynolds and JPRubin23 report

Ten-year Treasury yield daily close: 3.36%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atMonday trading offered a tale of two cryptos.

Ether recently plunged over 2% from the previous day to trade just below $1,700 after rising over this threshold late Sunday. Investors continue to eye Thursday's expected Merge, the technological overhaul of the Ethereum blockchain that will shift its protocol from proof-of-work to more energy efficient proof-of-stake.

Most other major cryptos were recently in the red with ADA and CRO both off more than 3% over the past 24 hours but SOL rising over 3%.

 

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thesamreynolds JPRubin23 I will wait for this dip to spend as much usdt as possible to buy bitcoin

thesamreynolds JPRubin23 ✅

thesamreynolds JPRubin23 🚀 Thnks a millon

thesamreynolds JPRubin23 Why are they keepinnnESKV thiss a secret.?

thesamreynolds JPRubin23 Why is everybodyy silent on thiss.

thesamreynolds JPRubin23 Why is nooboody talking aboout this?

thesamreynolds JPRubin23 Coins public GİVE is LİVE🚀 50k bnb🐋

thesamreynolds JPRubin23 Wow! 🔥My mind can't believe this

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