Bitcoin price gained pace above the USD 38,000 resistance level. However, BTC failed to clear the key USD 40,000 resistance level. It is currently (12:00 PM UTC) correcting lower and it is struggling to stay above the USD 37,000 support.
Similarly, most major altcoins are correcting gains. ETH topped near USD 2,750 and it declined below the USD 2,500 support. XRP trimmed most of its gains and it