Crypto market analyst Nicholas Merten says the top two cryptocurrencies are likely to see more downside ahead, after the apex crypto dropped below $36,000 on Friday, following a sell-off in U.S. equities.
Merten says the current crypto market scenario may force Bitcoin (CRYPTO: BTC) to go down to $30,000, but it will never touch the $20,000 mark.
Merten believes the cumulative market cap of Bitcoin and Ethereum (CRYPTO: ETH) is heading to sub-$900 billion.
“While we could expect some further price decline, there is a limit, a threshold where it genuinely makes sense at the end of the …
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