Bitcoin price failed to stay above the USD 62,500 support zone and is now (14:18 UTC) correcting its gains.
Besides, most major altcoins are also moving lower. ETH failed to test USD 4,650 and corrected below USD 4,500. XRP broke the USD 1.20 resistance but failed to stay above this level.
Total market capitalization
After a spike above USD 64,000, bitcoin price corrected lower. BTC declined below the USD 63,500 and USD 62,500 support levels. It is now still trading below USD 62,000, which might
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