Bitcoin price failed to clear the USD 61,200 resistance. As a result, BTC started a fresh decline below the USD 60,000 and USD 58,500 support levels. It is currently (04:17 UTC) down 6.7% and is trading near USD 56,000.
Similarly, most major altcoins are sliding. ETH is down 6.4% and traded below the USD 4,000 support. XRP is now near USD 1.00. ADA dropped 6%, moving below USD 1.80.
Total market capitalization…
Read More: Bitcoin and Ethereum Plunge, MANA and SAND Rally