Ethereum and Bitcoin are both experiencing a frustrating consolidation in narrow ranges. The recent small rebound after approaching the 90,000 mark for Bitcoin quickly lost momentum, with prices oscillating between 89,300 and 90,300 throughout the day. After the US session, it even dipped to 88,500 before stabilizing, currently hovering around 89,500. Similarly, Ethereum just broke above 3,000 but is stuck between 2,970 and 3,040. During the US session, it briefly fell to 2,910, and after a rebound, it has been trading around 2,950, showing no signs of strength.
Last night, the US November PCE
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