Bitcoin and Ethereum Remain At Risk, ADA Starts Fresh Rally
Bitcoin price failed to gain pace above USD 57,500. As a result, there was a fresh decline below the USD 56,500 level and BTC is currently (04:30 UTC) trading around this level.
Besides, most major altcoins are still above key supports. ETH could decline more if there is a clear break below USD 4,450. XRP must stay above USD 0.920 to revisit USD 1.00. ADA is outperforming and there was a clear move above the USD 1.65 level.
Total market capitalization
After another failure near USD 57,500, bitcoin price reacted to the downside. BTC declined below USD 56,500 and even tested USD 56,000. It is now consolidating losses above USD 56,500. A clear downside break below USD 56,000 may perhaps start a stronger decline. The next major support is near the
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