The new year gains haven't gone anywhere yet, but a change in direction may be taking place. Bitcoin sits just under $23,000 with some miniscule losses that may have flipped $BTC from support to resistance.
Ethereum has ran some overnight gains further into the $1,600 range with altcoins being led by The Graph and SingularityNET with 14% and 23% in gains respectively.
Federal Reserve Chairman Jerome Powell is expected to speak at the Economic Club of Washington on Tuesday which has the market at a standstill on whether or not cryptocurrencies can continue their momentum.
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