Crypto Exchange (CX) Trading: Lackluster Start

There has been a lackluster start into this week of CX trading. Both bitcoins and Alt coins are seeing sideways action and relatively slow overall activity. Bitcoin itself is stagnant against the US dollar, sitting around $377 at the time of this writing.

The slow start is not much of a surprise after partly explosive action in selected Alt coins early last week and during the previous weekend. Markets appear to take a breather to digest some of this action and consolidate at less spectacular price levels.

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