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Bitcoin and Ethereum Struggle to Recover, Altcoins Drop in Double Digits

Bitcoin price started a strong decline below USD 41,200. BTC settled below USD 40,000 to move into a bearish zone. It is currently (11:59 UTC) consolidating losses near USD 39,900 and remains at a risk of more downsides...

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Bitcoin and Ethereum Struggle to Recover, Altcoins Drop in Double Digits
 
Bitcoin price started a strong decline below USD 41,200. BTC settled below USD 40,000 to move into a bearish zone. It is currently (11:59 UTC) consolidating losses near USD 39,900 and remains at a risk of more downsides below USD 38,500.
Similarly, most major altcoins are down over 6%. ETH settled below the key USD 3,000 support zone. XRP traded below the USD 0.70 support zone. ADA is down 11% and trading below the USD 1.25 level.
Total market capitalization...
Read More: Bitcoin and Ethereum Struggle to Recover, Altcoins Drop in Double Digits

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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