Bitcoin price remained in a bearish zone below the USD 50,000 level. BTC extended decline below the USD 47,500 level before recovering higher. It is currently (04:19 UTC) trading near USD 48,000 and remains at a risk of more downsides.
Similarly, most major altcoins gained bearish momentum. ETH traded below the USD 3,800, while XRP tested USD 0.850. ADA extended decline and spiked below USD 1.40 before recovering.
Total market capitalization
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Read More: Bitcoin and Ethereum Extend Decline, BTT and MIOTA Rally
