Bitcoin (BTC) $84,395.35 0.40%
Ethereum (ETH) $2,682.38 0.94%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 116.237066 1.93%
Chainlink (LINK) $12.75 4.53%
Cardano (ADA) $0.25 4.96%
Litecoin (LTC) $74.28 24.72%
Dash (DASH) $62.88 6.80%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.507849 3.68%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.72%

Cryptocurrencies: 30100

Markets: 114144

Market Cap: $2,875,040,943,702

24h Vol: $102,293,759,102

CoinTelegraph

2021-01-31 11:00:00

Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term.

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