Bitcoin price found support near the USD 45,800 zone. BTC started a recovery wave above the USD 46,500 level and is currently (12:13 UTC) trading near USD 46,700.
Similarly, most major altcoins are also facing key hurdles. ETH declined below USD 3,800, but the bulls are protecting USD 3,680. XRP was moving lower towards the USD 0.800 support before recovering. ADA retested the USD 1.30 support zone.
Total market capitalization
After a fresh bearish reaction, bitcoin price found support near the USD 45,800 level. BTC is now attempting a recovery wave above the USD 46,500 level. On the upside, an initial resistance is near the USD 47,000 level. The first major resistance is near USD 47,500, above which the price might revisit the USD 48,000
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