NEXO Turns Bearish; Drops by 36% at the Onset of the Month

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NEXO Turns Bearish; Drops by 36% at the Onset of the Month
Credit: © Reuters.

Nexo, one of the volatile cryptos in itself, is ranked amongst the top 150 assets of the global market and is backed by underlying assets of Nexo’s loan portfolio. The price drops after a marking a YTD high at $0.246, while confirming a bearish crossover, NEXO/USD turns below $0.20 and even below $0.15 against the …

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