Market picture However, it dipped at the start of active European trading, temporarily returning to levels of a day ago. Bitcoin has added 0.9% over the past 24 hours, while Ethereum has increased by 0.15%. The top coins show dynamics from falling by 1% and 0.8% to growth by 7.3% and 4.2% . Bitcoin reversed on Monday on its approach to the $63.0K level, just below the pivot area on Friday, continuing a series of lower local highs.
Trading volumes fell to $8bn last week, down from an average of $17bn in April. Low engagement by US regulators with issuers' applications for spot Ethereum-ETFs has increased speculation that ETF approval is not imminent, reflected in outflows from Ethereum, CoinShares noted. The end of the consolidation is not far off. Traders have shown little interest in Bitcoin's latest pullback.
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