Bitcoin and Ethereum Faced Selling Pressure in Asia This Year By CoinQuora

© Reuters Bitcoin and Ethereum Faced Selling Pressure in Asia This Year

  • and underwent trading pressure in Asia in 2021.
  • Their market downtrend continued in Asia even America’s market wasn’t active enough.

A report shows that Bitcoin (BTC) and Ethereum (ETH) have faced massive trading pressure in Asia in 2021. BTC and ETH’s market drip continued in Asia when America’s crypto market wasn’t active enough.

Moreover, the cryptos downward movement occurred when the traditional market misheed China’s interest rate cut. The report emphasized that Bitcoin and Ethereum’s 60% and 420% year-to-date gains occurred during America’s hours 8:00 AM to 6:00 PM New York time.

In addition to this, BTC and ETH price actions dr …

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