After bitcoin price traded to a new weekly low near USD 37,200, it started a decent recovery wave and is currently (11:57 AM UTC) testing the USD 39,000 level. BTC faces major hurdles near USD 39,250 and USD 40,000.
Similarly, most major altcoins are facing important hurdles. ETH could struggle to gain pace above USD 2,620 and USD 2,650. XRP must clear USD 0.75 for a stronger upward move. ADA is struggling to stay above the USD 0.80 support.
Total market capitalization…
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