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21.12 - 15:17
Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses
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Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to recover and moving higher above USD 48,000 again.
Similarly, most major altcoins are also trying to recover losses. ETH is back above USD 4,000, while XRP is trying to move above the USD 0.80 level again. After testing USD 1.26, ADA is now back above USD 1.30.
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After struggling to recover above USD 50,000, bitcoin price started a fresh decline. BTC traded below the USD 48,500 and USD 48,000 support levels. An immediate support was near the USD 47,000 level, however, the price moved higher sharply and is
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