Author: Elena R 
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Aug 15, 2024 15:06
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
With the cryptocurrency market failing to hold its bullish sentiment, it has recorded a correction of 3.69% within the past day, from $2.11 Trillion to $2.06 Trillion. Despite a positive CPI data release, the market leader, Bitcoin price has plunged 4.38% and is currently hovering close to its $58,000 level. However, the Ethereum price has sustained its value above the $2.6K mark in spite of recording a drop of 3.99%.
Source: https://coinpedia.org/crypto-live-news/crypto-market-correction-bitcoin-slumps-to-58k-ethereum-retests-its-2-6k-level/