Risks of the cryptocurrency market 10% retracement after a breakout rally – BNN
(Bloomberg) – The crypto market could face a major hurdle after its latest rally.
After a volatile upward surge in recent weeks, the Bloomberg Galaxy Crypto Index, which measures the performance of most of the most popular coins, stumbles against 600 – a level that has acted as resistance since mid-2019 . For the index to see further increases this year, it may need to consistently trade above…