Bitcoin price failed to gain pace for a move above the USD 24,000 level and started a downside correction below USD 23,500. It is currently (12:01 UTC) trading near USD 23,300 and is down almost 4% in a day and is unchanged in a week.
Similarly, most major altcoins are also moving lower. ETH is at risk of breaking the USD 1,700 support while XRP might decline towards the USD 0.355 support. ADA is moving lower towards the USD 0.50 support zone.
Total market capitalization... Read More: Bitcoin and Ethereum Correct Gains, Altcoins Turn Red Too