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Bitcoin and Ethereum Resume Decline, AVAX Flips DOGE
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Bitcoin price attempted a fresh increase above the USD 60,000 level. However, BTC failed to gain pace and started a fresh decline below USD 58,500, dropping 3% in a day. It is currently (04:32 UTC) trading below USD 57,500 and there could be more downsides in the short-term.
Besides, most major altcoins are also moving lower. ETH is down 4% and there was a break below the USD 4,200 support. XRP could extend losses if there is a clear break below USD 1.00. ADA lost 5% and reached USD 1.80.
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After struggling to clear the USD 60,000 level, bitcoin price started a fresh decline. BTC traded below the USD 58,500 and USD 58,000 support levels. On the downside, an initial support is near USD 57,200. The first major support
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Spurt Higher, SAND and GALA Rally cryptonews.com /3 years ago
Bitcoin and Ethereum Try to Recover, SAND Doubles in a Week cryptonews.com /3 years ago
Bitcoin and Ethereum Hold Crucial Support, Smaller Altcoins Surge cryptonews.com /3 years ago
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