Bitcoin and Ethereum Consolidate, MANA Surges
Bitcoin price failed to settle above USD 62,000 and started a downside correction. BTC traded below USD 61,200, but it is currently (11:55 UTC) well above USD 60,000. To start a fresh increase, the price must clear USD 61,500 and then settle above USD 62,000.
Besides, most major altcoins are also consolidating gains. ETH is stable above USD 4,250 and is facing resistance near USD 4,400. XRP could rally if there is a clear break above USD 1.10 and USD 1.12. ADA is correcting gains and it might test USD 1.92.
Total market capitalization
After a spike above USD 62,000, bitcoin price faced resistance near USD 62,500. BTC started a downside correction and traded below USD 61,200. The price is now trading below USD 61,000, but it is stable above USD
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