Bitcoin and Ethereum Dip, Scared SHIB - Worst Performer Among Top 100
Bitcoin price started a downside correction below USD 63,500. BTC declined below USD 62,500 and USD 62,000. It is currently (11:58 UTC) showing bearish signs and it might drop below USD 61,200.
Besides, most major altcoins are struggling to gain pace. ETH is correcting lower below USD 4,550. XRP is also moving lower and dipped below USD 1.20. ADA could retest USD 1.92.
Total market capitalization
After a downside break below USD 63,500, bitcoin price extended its decline. BTC dipped below USD 62,500 and even spiked below USD 62,000. If the bears remain in action, the price could test the USD 61,200 support. The next major support is near the USD 60,500 level, below which the price could even dive below USD 60,000.
An immediate resistance on the
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