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Bitcoin and Ethereum At Risk of More Losses, SHIB Dives
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Bitcoin price failed to stay in a positive territory and traded below the USD 60,000 support. BTC traded below the USD 59,200 support and tested USD 58,000. It is currently (05:00 UTC) trading below USD 59,000 and there is a risk of more downsides in the near term.
Besides, most major altcoins are gaining bearish momentum. ETH extended its decline below USD 4,000 and tested USD 3,880. XRP declined below USD 1.00. ADA settled below USD 2.00, and it could revisit USD 1.85.
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