After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500.Besides, most major altcoins are also trying to recover losses.
ETH is down 5% and there was a break below the USD 4,550 support zone. XRP is now trading below the USD 1.00 pivot level. ADA is trading below USD 1.55. Total market capitalizationAfter a downside break below USD 57,500, bitcoin price extended decline.Read more on cryptonews.com