Bitcoin and Ethereum stuck in historically low volatility range

The crypto markets fell around 1.6% on Wednesday morning, with global market capitalisation currently sitting slightly below US$924bn.

Bitcoin fell over 2% over the past day, though has so far managed to keep its head above the US$19,000 price point, while Ethereum dipped below US$1,300 on a more heavy-handed 3% decline.

Bitcoin volatility is at a two-year low, and traders wait with bated breath on a breakout- a rally on US tech stock could provide a catalyst, so today’s impressive Netflix earnings should be seen as a ray of light.

 

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