The crypto market remains in ‘wait and see’ mode, with both volatility and volumes having experienced a notable decrease since last week. Bitcoin is building up value ahead of the $9k handle, while Ethereum continues to piggy-back the movements of BTC; one has to only check the activity of ETH/BTC to come to the conclusion that it’s all about the price of BTC. Tentative evidence exists though, judging by the decrease in the sell-side volume, that potential re-attempts towards $9k in BTC might be in the cards.

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