- The crypto market retraced slightly as markets brace for Eurozone CPI and FOMC minutes to be released this week.
- The futures market shows increasing use of leverage, with more traders leaning towards short positions.
The cryptocurrency market retraced slightly on Monday, the 19th of August. The global crypto market capitalization was down by 3% at the time of writing, with the two largest cryptos, Bitcoin [BTC] and Ethereum [ETH], trading in the red.
Bitcoin failed to hold the psychological threshold at $60,000 and had dropped to…
