Bitcoin price failed to recover towards the USD 36,500 level and started a fresh decline below USD 34,000. It is currently (12:00 PM UTC) down over almost 6% and there is a risk of a move towards the USD 32,000 level.
Similarly, most major altcoins declined heavily. ETH is down 10% and there was a test of USD 2,200. XRP is struggling to stay above the USD 0.550 support zone. ADA could dive further below USD 0.95.
Total market capitalization…
Read More: Ethereum, Altcoins Tumble Against Bitcoin as BTC Trends Lower