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Bitcoin and Ethereum Bears Dominate, Major Altcoins Struggle

Bitcoin price attempted an upside break above USD 39,500, but failed. BTC started another decline below the USD 39,000 level and is currently (11:44 UTC) trading near USD 38,700. Similarly, most major altcoins are strugg...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin and Ethereum Bears Dominate, Major Altcoins Struggle
 
Bitcoin price attempted an upside break above USD 39,500, but failed. BTC started another decline below the USD 39,000 level and is currently (11:44 UTC) trading near USD 38,700.
Similarly, most major altcoins are struggling to climb higher. ETH failed above USD 2,570 and remains at a risk of more downsides. XRP might decline sharply if it clears the USD 0.75 support. ADA is struggling to stay above the USD 0.78 support.
Total market capitalization...
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Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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