Cryptocurrencies continue to lose some steam on the week ...Middle East

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The key line in the sand is arguably the $116,00 mark now. If price fails to hang on in there, the drop could lead back towards a return to $110,000 again for Bitcoin.

That said, it doesn't compare to Ethereum's 45% surge higher on the month so far though. And that is despite a near 3% drop in the cryptocurrency today as well. The run higher this month has stalled near $3,800 with price now dipping back to test waters closer to $3,600.

The $4,000 mark remains the key line in the sand for any major upside move for Ethereum but it looks like buyers will have to wait a bit longer before we get there.

This article was written by Justin Low at investinglive.com.

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