Bitcoin and Ethereum Correct Lower, DOGE Rallies
Bitcoin price made an attempt to clear the USD 62,500 resistance. However, BTC failed to extend gains above USD 62,500 and started a downside correction. It is currently (11:52 UTC) correcting lower, but the bulls might remain active above USD 60,000.
Besides, most major altcoins are also moving lower. ETH is down almost 4% and traded below the USD 3,800 support. XRP is showing bearish signs below USD 1.12. ADA is moving lower towards USD 2.08.
Total market capitalization
After a push above the USD 62,000 level, bitcoin price faced sellers near USD 62,500. As a result, BTC started a downside correction below USD 62,000. The price even traded below USD 61,500 and it might continue to move down below the USD 61,200 level. Any more downsides may
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