Bitcoin price moved into a bearish zone below the USD 40,000 level. BTC even extended decline below the USD 38,500 level before somewhat recovering. It is currently (04:40 UTC) showing bearish signs below USD 38,700 and still might extend losses.
Similarly, most major altcoins are trading in a negative zone. ETH is testing the USD 2,550 support zone. XRP managed to stay above the USD 0.72 support. ADA could extend losses below the USD 0.78 support….
Read More: Bitcoin and Ethereum Increased Losses, ZEC and STX Rally
