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Bitcoin and Ethereum Trend Lower, ALGO and NEAR Jump

Bitcoin price failed to start a recovery wave and gained pace below the USD 48,500 support. BTC extended decline below the USD 47,500 support and is currently (04:22 UTC) showing bearish signs near USD 46,800. Similarly,...

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

Bitcoin and Ethereum Trend Lower, ALGO and NEAR Jump
 
Bitcoin price failed to start a recovery wave and gained pace below the USD 48,500 support. BTC extended decline below the USD 47,500 support and is currently (04:22 UTC) showing bearish signs near USD 46,800.
Similarly, most major altcoins are moving lower. ETH traded below the USD 3,880 and USD 3,650 support levels. XRP settled below USD 0.85 and might revisit the USD 0.80 zone. ADA is approaching the USD 1.30 support zone.
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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