Bitcoin price started a major decline from well above the USD 47,000 level. BTC dived below the USD 45,500 support zone. It is currently (04:40 UTC) down almost 8% and is trading near USD 42,900.
Similarly, most major altcoins declined sharply. ETH traded below the USD 3,800 and USD 3,750 support levels. XRP nosedived below the USD 0.80 support. ADA gained bearish momentum below the USD 1.30 support zone.
Total market capitalization…
Read More: Bitcoin, Ethereum, and Altcoins Tumble