Bitcoin and Ethereum Target Additional Losses, XRP, ADA Slide
Bitcoin price is struggling to recover above the USD 33,500 resistance zone. BTC is currently (11:45 UTC) moving lower and trading below USD 32,000. It seems like the bears are aiming for a test of USD 30,000 in the near term.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 5% and it may soon break the USD 1,800 support zone. XRP/USD is also declining and it might test the USD 0.500 support zone.
Total market capitalization