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26.11 - 14:51
Bitcoin, Ethereum and Altcoins Trim Gains, Bulls Struggle
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Bitcoin price failed to gain strength above USD 65,500. As a result, BTC reacted to the downside and traded below USD 63,500. It is currently (06:00 UTC) down over 7% and there is a risk of more downsides below USD 61,000.
Besides, most major altcoins are gaining bearish momentum. ETH declined below USD 4,500 and USD 4,450. XRP is down nearly 7% and traded below USD 1.15. ADA settled below the key USD 2.00 support zone.
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After another failed attempt near USD 66,000, bitcoin price started a fresh decline. BTC traded sharply below the USD 64,000 and USD 63,500 support levels. It even broke the USD 62,000 support zone. On the downside, an initial support is near the USD 60,500 level. The next key support is near the
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