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26.11 - 14:51
Bitcoin Testing USD 60K, Ethereum and Altcoins Trying to Recover
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Bitcoin price started a strong decline below the USD 62,000 support level. BTC even traded below USD 60,000 to move further into a bearish zone. It is currently (11:20 UTC) trying to recover and is nearing USD 60,300.
Similarly, most major altcoins are also trying to recover losses. ETH declined below the key USD 4,200 support zone, before returning above this level again. XRP is down almost 10% and it could even trade below USD 1.00. ADA is accelerating lower towards the USD 1.72 level.
Total market capitalization
After a clear break below USD 65,000, bitcoin price extended decline. BTC traded below the USD 62,000 support level to enter a short-term bearish zone and declined below USD 60,000. If the bears remain in action, the price could
Read more on cryptonews.comAbout this in other media
Bitcoin holds $57K amid warning weak hands could fuel a fresh BTC price dip cointelegraph.com /2 years ago
Bitcoin, Ethereum and Altcoins Nosedive cryptonews.com /2 years ago
El Salvador’s adoption of bitcoin a concern, says Bank of England chief Andrew Bailey moneycontrol.com /2 years ago
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