Bitcoin price extended its decline below the USD 17,500 and USD 17,000 levels. BTC even traded below USD 16,500 before the bulls took a stand near USD 16,250. The price is currently (05:00 UTC) trading above USD 17,000, but it is facing many hurdles near USD 17,350 and USD 17,500.
Similarly, there was a decent recovery in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK, BNB,