BTC, ETH decline, as cryptocurrency markets fall to start the week.
/USD slipped to an intraday low of $16,086.36 to start the week, which comes less than 24 hours after hitting a peak of $16,594.41.
As a result of today’s drop, bitcoin moved to its lowest point since last Tuesday, November 22, when price was at a low of $15,613.Looking at the chart, Monday’s sell-off intensified once a breakout on the relative strength index occurred. The index, which is currently tracking at 36.89, moved below a recent support point of 38.00, and looks to be heading for a lower floor at 35.50.
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