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Bitcoin and Ethereum Turn Red, Altcoins Extend Losses
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Bitcoin price started a fresh decline from well above USD 51,000. BTC settled below USD 50,000 and showing bearish signs. It is currently (15:17 UTC) trading near USD USD 49,00 and there is a risk of a sharper decline.
Similarly, most major altcoins are gaining bearish momentum. ETH traded below USD 3,920 and the next major support is near USD 3,850. XRP is trading below USD 0.90, and the bears are aiming for a move below USD 0.880. ADA is consolidating near the USD 1.50 zone.
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After another bearish reaction, bitcoin price broke the USD 50,000 support level. BTC even traded below USD 49,200 and is down almost 5% in a day. If the bears remain in action, the price could even decline below USD 48,800. The next major
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Fail to Recover, NEAR and ZEC Turn Green cryptonews.com /2 years ago
Bitcoin and Ethereum Fluctuate Near Key Support, Altcoins Inch Higher cryptonews.com /2 years ago
Cryptocurrency Prices Today: Bitcoin flat, Ethereum up moneycontrol.com /2 years ago
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