Cryptocurrency Price Today: Ethereum, Toncoin, and Bitcoin down to 2%;



Tuesday saw a dip in cryptocurrency markets, with Ethereum and Bitcoin (BTC) leading the decrease. Tuesday saw a 0.9% decline in Bitcoin to $67,957 and a more than 1% drop in Ethereum to $3,855.


Pressure on Bitcoin also came from traders keeping an eye on transfers made using wallets linked to the defunct Mt. Gox exchange, whose administrators have been working harder to recover creditors’ $9 billion stockpile of the biggest digital asset.


Price of cryptocurrency on May 28: Bitcoin falls below $68,000; 2% declines in Ethereum and Toncoin


Tuesday saw a dip in cryptocurrency markets, with Ethereum and Bitcoin (BTC) leading the decrease. Tuesday saw a 0.9% decline in Bitcoin to $67,957 and a more than 1% drop in Ethereum to $3,855.


Based on data from CryptoQuant and Arkham Intelligence, 42,829 Bitcoins valued at about $2.9 billion were transferred out of Mt. Gox wallets early on Tuesday in the Asian morning. After the withdrawal, the wallets still contain 95,061 Bitcoin.


According to technical analysis, the current resistance levels for Bitcoin are $71,950, $70,650, and $69,600. The support levels on the downside are $67,265, $66,380, and $65,144. The 50-day EMA around $68,737 shows resistance, while the RSI is at 47, indicating a neutral market outlook.


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