The general sentiment in the crypto market seems to be turning bearish as Bitcoin and Ethereum record losses over today’s trading session. The two larger cryptocurrencies by market cap still record some gains over higher timeframes but seem poised for a dicey week.
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At the time of writing, Bitcoin (BTC) trades at $22,100 with a 3% loss in the last 24 hours. In the meantime, Ethereum (ETH) trades at $1,520 with a 6% loss over the same period.
ETH’s price moving sideways on the 4-hour chart. Source: ETHUSDT Tradingview
The crypto market faces some hurdles with this week’s public companies’ earnings reports. If public companies failed to meet market expectations, risk-on