Yesterday, bitcoin price started a steady recovery wave above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (04:28 UTC) facing resistance near USD 50,500 and might move lower.
Besides, most major altcoins are losing steam. ETH topped near USD 4,420 and is currently correcting gains. XRP failed to clear USD 0.85, but it is still above USD 0.80. ADA is down 6% and broke the USD 1.38 support.
Total market capitalization…
Read More: Bitcoin and Ethereum Take a Pause, BTT and XTZ Rally