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Bitcoin and Ethereum Correct Lower, Key Supports Nearby
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Bitcoin price attempted an upside break above USD 52,000 but failed. BTC started a fresh decline and traded below USD 50,500. It is currently (12:07 PM UTC) declining towards USD 49,000 and it could even test the key USD 48,000 support zone.
Besides, most major altcoins are also moving lower. ETH topped near USD 4,420 and declined below USD 4,300. XRP could accelerate lower if it settles below USD 0.80. ADA might find support near the USD 1.30 level.
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After a failed attempt near USD 52,000, bitcoin price started a fresh decline. BTC traded below the USD 51,200 and USD 50,500 support levels. It even broke the USD 50,000 level and is now down by 4% in a day. An immediate support is near USD 49,000. The next major
Read more on cryptonews.comAbout this in other media
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