Bitcoin dips below $30k and Ethereum trading flat in line with equities

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City AM

By Darren Parkin Bitcoin is down by around 1% over the last day. The leading coin is trading close to equities as the SP500 (-0.21%) and Nasdaq (-0.31%) trade flat in the red over the same period. Ethereum is holding onto support around $2,000, further disproving rumours of inevitable sell pressure after the successful Shanghai upgrade last week. Many third-gen cryptos have continued adding green candles from last week, most notably Solana (+4.43%) and Avalanche (+6.84%). Investors are watching corporate earnings from the US in the coming days for an indication on the health of the US economy….

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