Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.
Similarly, most major altcoins started a fresh decline. ETH topped near USD 2,720 and declined below USD 2,400. XRP failed to stay above USD 0.65 and declined below USD 0.60. ADA is struggling to stay above USD 1.00….
Read More: Bitcoin and Ethereum Extend Post-Fed Decline, Altcoins Trim Gains