Bitcoin price failed to extend gains above USD 12,500 and started a corrective decrease. BTC declined below the USD 12,200 and USD 12,000 support levels. The price is currently (08:30 UTC) trading below USD 12,000 and it might continue lower towards the USD 11,550 support zone.
Similarly, most major altcoins started a substantial decline, including ethereum, XRP, litecoin, bitcoin cash, EOS, TRX,