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Bitcoin and Ethereum Correct, Altcoins Follow
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Bitcoin price failed to stay above the USD 66,500 support level. BTC extended decline below the USD 65,500 support level and is currently (04:20 UTC) trading below USD 65,000. There is a risk of a move towards USD 63,200.
Besides, most major altcoins are also moving lower. ETH started a downside correction below USD 4,650 and even spiked below USD 4,500 before recovering. XRP is now trading near the USD 1.20 support. ADA is down 5%, moving towards USD 2.00.
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After a failure to clear USD 67,000, bitcoin price started a downside correction below USD 66,000. BTC corrected lower below the USD 66,500 and USD 65,000 support levels. On the downside, an initial support is near the USD 64,000 level. The next key support is
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