The market is clearly choosing other digital assets over bitcoin. Ether hits a fresh record price and BNB dominates.
- Bitcoin (BTC) trading around $52,612 as of 21:00 UTC (4 p.m. ET). Slipping 4.7% over the previous 24 hours.
- Bitcoins 24-hour range: $52,889-$55,233 (CoinDesk 20)
- BTC below the 10-hour and 50-hour moving average on the hourly chart, a bearish signal for market technicians.
Bitcoin had its fourth day of weak market action. The worlds oldest cryptocurrency was seeing some selling action…