The total crypto market cap erased $309 billion from its value for the last seven days and now stands at $1,305 billion.
Bitcoin closed the Sunday, June 13 trading at with 9 percent increased after forming a solid green candle to $38,900.
What is more, the coin broke above the 21-period EMA on the daily chart, and the downtrend resistance coming as an extension of the diamond pattern from early May.
The Tuesday session saw a peak of $41,423, but bulls could not extend the rally to the zone above the January high of $42,000.
The Friday session brought the fourth consecutive red candle for the most popular cryptocurrency.
The Ethereum project token ETH jumped 6.2 percent on Sunday, June 13 and moved back into the long-term uptrend corridor, hitting the $2,500 S/R zone.
On Monday, the leading altcoin and leading decentralized applications platform climbed further to $2,611, but suffered once more rejection at the 21-period EMA being unable to close above this dynamic line since June 3.
This was followed by a deeper retrace on the Wednesday, June 16 when the ETH/USD pair erased 6.7 percent of its value and lost both the horizontal and diagonal supports.
Sellers, however, had other things in mind and on the last working day of the week pushed the price 6 percent down to reach the $2,228 mark.
Theta is currently trading near the $7 zone, which has already proved its stability in the past and is another point of high trading activity.
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