Bitcoin price started a fresh decline below the USD 48,500 support. BTC even traded below USD 48,000, but it remained stable above USD 47,500. It is currently (12:18 PM UTC) recovering, but there are many hurdles near USD 49,500 and USD 50,000.
Similarly, most major altcoins are trying to recover too. ETH dived towards the USD 4,000 level, where the bulls appeared. XRP declined below USD 0.85 before moving back. ADA remains at a risk of more losses below USD 0.80….
Read More: Bitcoin and Ethereum Hold Support, Altcoins Consolidate
