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XBTUSD News

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Last Updated Date: 7 June 2021 @ 6:31 AM (UTC)
*Please note that all the dates are in GMT time zone

Cryptocurrencies fell after a tweet from Tesla boss Elon Musk appeared to lament a breakup with bitcoin. Tesla's big position in bitcoin and Musk's large personal following often set crypto markets on edge whenever he tweets.

Bitcoin was down 5.3%, while ether was down 4.2% at $2,697.43.


The market still hints for corrections against recent selloffs. A close over  39277 will boost a recovery to 42317. The overnight drop after the close hints for defensive trade / secondary dips, but the market needs a close under 33743 to extend declines back against the recent swing low at 30066.

 
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