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21.12 - 15:17
Bitcoin and Ethereum Decline, MATIC and LUNA Rally
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After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500.
Besides, most major altcoins are also trying to recover losses. ETH is down 5% and there was 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
After a downside break below USD 57,500, bitcoin price extended decline. BTC traded below the USD 56,500 and USD 55,500 support levels. The price is now recovering and trading above USD 56,400. If there are additional losses, the price could move towards the USD 53,500 level. The next major support is near the USD 52,000 level.
On the upside,
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Consolidate, SOL and AVAX Rally cryptonews.com /2 years ago
Bitcoin and Ethereum Bears Remain In Control, OHM and SUSHI Rally cryptonews.com /2 years ago
Bitcoin and Ethereum Consolidate Losses, DOT, LUNA, and AVAX Gain Momentum cryptonews.com /2 years ago
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