Last week’s mini rally a distant memory as Bitcoin and Ethereum lose ground

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City AM

By Darren Parkin The negative sentiment seen in equity markets last week may have seeped into cryptocurrency circles. Bitcoin is down 2.5% from yesterday, trading for $20,773 this morning, but the original cryptocurrency is still holding on to a 0.7% price increase over seven days. Ethereum is down by 3.7% over 24 hours, changing hands for $1,566. Third-generation smart contract cryptocurrencies have also lost steam. Cardano is down 4% from yesterday while Solana has taken a hit and is trading 12.8% lower over the same period. Some consolation is that the entire market capitalisation is still …

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