Bitcoin and Ethereum trundle along sideways as BlackRock pivot runs out of steam
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City AM
City AM
By Darren Parkin Bitcoin is trading firmly above $30k this morning – a level that was tested yesterday as the flagship cryptocurrency bounced back from a dip to $29.900. Ethereum’s Ether continues to hover just below $1.9k. Both market leaders are down by less than 1%. It’s a mixed bag in the rest of the crypto markets as the majority of large-caps are trading in a similar pattern to BTC and ETH. Analysts say the momentum from the ‘BlackRock pivot’ has subsided somewhat but that July has historically been a strong month for Bitcoin. Yesterday’s Crypto AM DailyIn the MarketsThe Bitcoin Economy*…