Bitcoin price failed to gain strength above USD 65,500. As a result, BTC reacted to the downside and traded below USD 63,500. It is currently (06:00 UTC) down over 7% and there is a risk of more downsides below USD 61,000.
Besides, most major altcoins are gaining bearish momentum. ETH declined below USD 4,500 and USD 4,450. XRP is down nearly 7% and traded below USD 1.15. ADA settled below the key USD 2.00 support zone.
Total market capitalization…
Read More: Bitcoin, Ethereum and Altcoins Trim Gains, Bulls Struggle
Besides, most major altcoins are gaining bearish momentum. ETH declined below USD 4,500 and USD 4,450. XRP is down nearly 7% and traded below USD 1.15. ADA settled below the key USD 2.00 support zone.
Total market capitalization…
Read More: Bitcoin, Ethereum and Altcoins Trim Gains, Bulls Struggle