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Bitcoin, Ethereum, and Altcoins Extend Decline

Bitcoin price failed to recover and extended decline below USD 45,000. BTC even broke the USD 44,000 and USD 43,500 levels. It is currently (12:26 PM UTC) down 7% and is trading near USD 42,800. Similarly, most major alt...

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Bitcoin, Ethereum, and Altcoins Extend Decline
 
Bitcoin price failed to recover and extended decline below USD 45,000. BTC even broke the USD 44,000 and USD 43,500 levels. It is currently (12:26 PM UTC) down 7% and is trading near USD 42,800.
Similarly, most major altcoins declined heavily. ETH traded below the USD 3,550 and USD 3,400 support levels. XRP even spiked below the USD 0.750 level. ADA is struggling to stay above the USD 1.20 level.(Learn more: Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too)...
Read More: Bitcoin, Ethereum, and Altcoins Extend Decline

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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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