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Bitcoin and Ethereum Resume Decline, AVAX Flips DOGE
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Bitcoin price attempted a fresh increase above the USD 60,000 level. However, BTC failed to gain pace and started a fresh decline below USD 58,500, dropping 3% in a day. It is currently (04:32 UTC) trading below USD 57,500 and there could be more downsides in the short-term.
Besides, most major altcoins are also moving lower. ETH is down 4% and there was a break below the USD 4,200 support. XRP could extend losses if there is a clear break below USD 1.00. ADA lost 5% and reached USD 1.80.
Total
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