Bearish channels in cryptos capping upside [Video]
|Cryptocurrencies were little changed during the European session on Monday with markets monitoring overall risk conditions.
Bitcoin consolidated just above the $57,000 level but surged again just after the European close with a push to highs near $59,000.
There was further choppy trading due to shifts in risk appetite and fresh reservations over the Omicron situation triggered renewed losses in Asia with bitcoin dipping to near $56,000.
After consolidation around $4,300, Ether also posted a strong advance to around $4,500 before a retreat to near $4,400.
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