Although it would appear this weekend will offer some bullish momentum for most cryptocurrencies, tokens, and assets, there will always be exceptions. Most people would expect the Electroneum price to go on the rise at this point, yet it seems the market isn’t moving all that much. In fact, there is still a net loss in both USD and BTC value to contend with, which might not necessarily go away anytime soon.
Electroneum Price Momentum isn’t Promising
When it comes to the different cryptocurrencies, tokens, and assets on the market, most of them tend to follow Bitcoin’s price trend blindly. While that is not necessarily the case for all projects, it has been an interesting correlation to keep an eye on. As Bitcoin has now tried to turn bullish again, the alternative markets would usually follow quite without giving it a second thought. Electroneum is one notable exception in this regard, for some unknown reason.
More specifically, the Electroneum price has lost 2.4% in both USD and BTC value in the past 24 hours. It is…