Bitcoin and Ethereum Correct Gains, SOL Inches Higher
Bitcoin price failed to stay above the USD 62,500 support zone and is now (14:18 UTC) correcting its gains.
Besides, most major altcoins are also moving lower. ETH failed to test USD 4,650 and corrected below USD 4,500. XRP broke the USD 1.20 resistance but failed to stay above this level.
Total market capitalization
After a spike above USD 64,000, bitcoin price corrected lower. BTC declined below the USD 63,500 and USD 62,500 support levels. It is now still trading below USD 62,000, which might increase its losses today as it is already down by 2.5%.
Ethereum price corrected lower and is now trading in below the USD 4,500 level. The next major support is now forming near the USD 4,420 level. ETH erased all its gains today but is still up by
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