Bitcoin price failed to recover above USD 49,000 and started a fresh decline. BTC traded below the USD 47,500 and USD 47,200 support levels. The current (11:45 UTC) price action is showing bearish signs and BTC could continue to move down towards USD 46,000.
Similarly, most major altcoins are gradually moving lower. ETH failed to surpass USD 3,200 and it started a fresh decline below USD 3,110.