Altcoin News

Bitcoin and Ethereum Decline, Altcoins Rally

  • Bitcoin price extended decline below USD 56,000 before recovering.
  • Ethereum trimmed gains and declined 5%, XRP tested the USD 0.95 support.
  • MATIC and LUNA rallied around 12%.
  • Bitcoin price failed to continue higher and dived below USD 56,000, currently trying to recover towards USD 56,500.
  • Most major altcoins are also trying to recover losses. ETH is down 5% and has a break below the USD 4,550 support zone.
  • XRP is now trading below the USD 1.00 pivot level.
  • ADA is trading below USD 1.55.
  • Total market capitalization
Source: tradingview.com

Bitcoin price

After a downside break below USD 57,500, BTC

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