Bitcoin price struggled to recover above the USD 55,500 resistance zone. BTC topped near USD 55,650 level and started a fresh decline. It is currently (05:30 UTC) trading below USD 54,500 and it remained at a risk of more downsides.
Similarly, most major altcoins are struggling to recover. ETH is trading well below USD 1,710 and it could dive below the USD 1,650 support. XRP/USD is trimming gains