Bitcoin price extended its increase above the USD 68,000. BTC traded to a new all-time high near USD 68,500 before it started a downside correction. It is currently (11:50 UTC) consolidating and it might aim for a fresh increase above USD 68,000.
Meanwhile, major altcoins are showing mixed results. ETH is holding gains near USD 4,800 and it might rise further in the near term. XRP is stuck below USD 1.280 and it might struggle in the short term. ADA surged above the USD 2.30 resistance, increasing its weekly gains to almost 18%.
Total market capitalization
After a steady move above USD 68,000, bitcoin price corrected lower. BTC declined below the USD 68,000 support level. However, downsides were limited and the price is consolidating near USD
Read more on cryptonews.com