The cryptocurrency market update: Bitcoin and major altcoins pass the time in ranges

The cryptocurrency market update: Bitcoin and major altcoins pass the time in ranges

Bitcoin (BTC) has been locked under $8,500 in recent days. Altcoins are mostly range-bound with bearish bias during early Asian hours. Cryptocurrency market traders are sitting on the fence, waiting for new catalysts. Bitcoin and major altcoins are somewhat directionless during early Asian hours.