Yesterday, bitcoin price started a steady recovery wave above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (04:28 UTC) facing resistance near USD 50,500 and might move lower.
Besides, most major altcoins are losing steam. ETH topped near USD 4,420 and is currently correcting gains. XRP failed to clear USD 0.85, but it is still above USD 0.80. ADA is down 6% and broke the USD 1.38 support.
Total market capitalization
After a steady increase, bitcoin price managed to clear the USD 50,000 resistance. BTC even cleared the USD 51,200 level, but it faced a strong resistance near the USD 52,000 level. The price is moving lower and trading below USD 50,500. An immediate support is near USD
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