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15.11 - 08:11
11.11 - 08:27
Bitcoin, Ethereum, and Altcoins Drop Below Key Levels
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Bitcoin price failed to stay above the key USD 60,000 support zone and BTC extended decline below USD 59,500. It is currently (11:51 UTC) down almost 6% and it could decline further towards USD 57,500.
Besides, most major altcoins are gaining bearish momentum. ETH declined 5% and it broke the USD 4,000 support zone. XRP spiked below USD 1.00 and it might continue to move down. ADA dived almost 8% and traded below USD 2.00.
Total market capitalization
After struggling to recover above USD 62,000, bitcoin price started a major decline. BTC broke the USD 60,000 support zone to move into a short-term bearish zone. The decline gained pace below the USD 59,200 and USD 58,800 levels. If the bears remain in action, the price could extend losses
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally cryptonews.com /3 years ago
Bitcoin and Ethereum Correct, Altcoins Follow cryptonews.com /3 years ago
Bitcoin and Ethereum Prepare For Next Move cryptonews.com /3 years ago
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