In the volatile world of crypto, Bitcoin has once again experienced a dip, with the coin’s value falling over 3% within the past 24 hours.
This means Bitcoin is trading just above the vital $27,000 zone, which has acted as a robust psychological barrier for both bulls and bears.
At the same time, Ecoterra, an environmentally-focused crypto project, has seen its fortunes rise – hitting the $4.5 million fundraising milestone in its ongoing presale.
Bitcoin’s Woes Continue as Technicals Point to Further Downside
The current market conditions have been challenging for Bitcoin ($BTC) to navigate, with the coin’s price showcasing remarkable volatility since the high of April 14.
Since that high, Bitcoin has slumped by 12% – but is still up by over 61% since the turn of the year.
Unfortunately for Bitcoin bulls, the ongoing slump is gathering momentum. The $BTC price is down 3% in the past day and nearly 5% since Sunday evening,…
