Bitcoin price started a downside correction below the USD 16,200 and USD 16,050 support levels. BTC even broke the USD 16,000 level before it found support near USD 15,800. The price is currently (04:30 UTC) trading above USD 16,000, but it must climb above USD 16,200 to start a fresh increase.
Conversely, there was a substantial decline in most major altcoins, including ethereum, XRP, litecoin,