Bitcoin price gained bearish momentum below the USD 42,500 support zone and is currently (12:00 PM UTC) moving towards the USD 41,200, having dropped 7% in a day.
Similarly, most major altcoins are showing bearish signs. ETH is now trading well below the USD 3,000 pivot level and is down 6% in a day. XRP dropped below USD 0.780. ADA stayed above the key USD 1.00 support zone.
Total market capitalization…
Read More: Bitcoin and Ethereum Keep Moving Lower, NEO Inches Up