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Bitcoin and Ethereum Face Resistance, SHIB Crashes 44% From ATH
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Bitcoin price started a minor downside correction below the USD 63,500 support zone. BTC is trading below USD 62,500 and is currently (04:28 UTC) consolidating gains. A downside break below USD 61,200 could spark a larger downside correction.
Besides, most major altcoins are correcting gains. ETH declined below USD 4,600, but it remained stable above USD 4,550. XRP is down over 3% and it is trading near USD 1.20. ADA fluctuates around USD 2.00.
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