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Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover
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Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000.
Besides, most major altcoins are attempting a recovery wave. ETH is back above USD 4,200, and it could rise towards USD 4,320. XRP must settle above USD 1.05 for a decent increase. ADA is down 7% and it broke the USD 1.70 support.
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After another failed attempt to clear USD 58,500, bitcoin price started a fresh decline. BTC traded below the USD 57,500 and USD 57,000 support levels. On the downside, an initial support is near USD 56,000. The main support is
Read more on cryptonews.comAbout this in other media
Top cryptocurrency prices today: Bitcoin hits $50,000; Ethereum, Binance coin jump up to 8% economictimes.indiatimes.com /2 years ago
Bitcoin is back above $50,000 as crypto investors recover from the weekend rout, while metaverse tokens are soaring markets.businessinsider.com /2 years ago
Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses cryptonews.com /2 years ago
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