SINGAPORE, May 27 (Reuters) – Cryptocurrencies slipped on Thursday, though without falling through recent lows, a i forex robot review as traders clung to hopes that a nascent recovery from last week’s plunge can regain its momentum.
Bitcoin has failed to hold above its 200-day moving average and it fell about 4% in the Asia session to $37,619. Ether, the coin linked to the ethereum blockchain network and the second-biggest cryptocurrency by market value, fell more than 7% to $2,675.10.
Both have marked sizeable year-to-date gains, indicator forex scalping robot with bitcoin up about 30% and ether more than tripling.But a culminating in a sharp collapse last week has each of them well below record peaks made in April.
(Reporting by Tom Westbrook; Editing by Jacqueline Wong)