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Bitcoin and Ethereum Correct Gains, Major Altcoins Turn Red
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Bitcoin price extended its increase above USD 68,600 and traded to a new all-time high. Recently, BTC started a downside correction below the USD 67,000 level. It is currently (04:45 UTC) showing bearish signs and it could correct further towards USD 65,500.
Most major altcoins are stable above key supports. ETH traded to a new all-time high near USD 4,840 before starting a consolidation phase. XRP failed to settle above the USD 1.265 resistance. ADA is showing positive signs above USD 2.20.
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After setting a new all-time high above USD 68,600, bitcoin price started a downside correction and dropped below the USD 67,000 support level. On the downside, an initial support is near the USD 66,200 level. The next key
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