Bitcoin price made an attempt to recover above USD 32,500, but it failed to gain momentum. BTC started a fresh decline and traded below the USD 32,000 support level. It is currently (13:00 UTC) trading below USD 32,000 and it could even dive towards USD 30,500.
Similarly, most major altcoins are showing bearish signs. ETH/USD is struggling to stay above USD 1,250 and it may revisit USD 1,200.