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.

 

Trading carries a high level of risk to your capital. Losses can exceed deposits. Please read the full risk warning here.Trading spot foreign exchange and futures on margin carries a high level of risk and may not be suitable for all investors. You may lose all your capital. Loses can exceed deposits. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in spot foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. If you are in any doubt about investment or the mechanics of such products, you should seek independent financial advice

Cryptos feed Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Shiba Inu on fire, another price rally around the corner?

Shiba Inu on fire, another price rally around the corner?

Shiba Inu, the second-largest meme coin, is closer to its breakout according to analysts. While declining trade volume and inflows to SHIB are typical of a bearish trend reversal, analysts remain bullish on SHIB. Analysts have predicted a recovery in Shiba Inu, after the meme coin yielded nearly 50% gains to holders within a week. 

More Shiba Inu News

Dogecoin: A $0.02 DOGE by 2023

Dogecoin: A $0.02 DOGE by 2023

Dogecoin price prediction could be a sucker's rally. Placing a short entry will be justifiable if bulls cannot hold support above $0.085.

More Dogecoin News

Is this the end of the road for Avalanche price?

Is this the end of the road for Avalanche price?

AVAX grinds to a halt, breaking a 2-month trend within an ascending parallel channel. Despite breaking above $30, it failed to close the gap to $40.

More Avalanche News

Why retail traders are uninterested in the current Cardano price

Why retail traders are uninterested in the current Cardano price

Cardano price is signaling a lack of interest. If market conditions persist, bears could push price down in a sweep-the-lows liquidation.

More Cardano News

Bitcoin: If bulls lose control here, BTC could revisit $21,000

Bitcoin: If bulls lose control here, BTC could revisit $21,000

Bitcoin price shows an interesting setup that could reveal its next move. On closer inspection,  its technicals support a bearish outlook for the leading crypto.  

Read full analysis

BTC

ETH

XRP