Bitcoin (BTC) $64,037.03 0.07%
Ethereum (ETH) $1,842.56 -1.19%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 75.16919 -0.38%
Chainlink (LINK) $8.23 -1.68%
Cardano (ADA) $0.17 1.88%
Litecoin (LTC) $44.90 -0.34%
Dash (DASH) $34.12 1.57%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.205464 -2.38%
X-Cash (XCASH) 2.0E-6 0.47%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 29493

Markets: 111749

Market Cap: $2,192,830,582,401

24h Vol: $64,204,327,906

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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