Bitcoin price extended decline below the USD 46,500 level. However, BTC bulls remained active near the USD 45,500 support zone. It is currently (04:22 UTC) up 3.5% in a day and is trading above USD 48,500 again.
Similarly, most major altcoins are also correcting higher. ETH is inching higher above USD 4,000, while XRP is trimming losses and eyeing USD 0.90 again. ADA found support near USD 1.20 and recovered above USD 1.25.
Total market capitalization
After another decline, bitcoin price found support near the USD 45,500 zone. BTC formed a base above USD 45,500 and started a fresh upward move. It surpassed the USD 48,000 resistance zone and is now trading above USD 48,500.
On the downside, an initial support is near the USD 46,200 level. The
Read more on cryptonews.com