Bitcoin price failed to test the USD 60,000 level and started a downside correction. BTC broke the key USD 56,500 support level to move into a short-term bearish zone. It even dived towards USD 53,500 and it is currently (05:40 UTC) trading just below USD 55,000.
Similarly, most major altcoins saw a bearish wave. ETH started a major downside correction after trading to a new record high near USD