Bitcoin price started a downside correction below USD 49,000. BTC traded below USD 48,500 and is currently (12:12 PM UTC) showing bearish signs. A close below USD 48,000 might spark more downsides.
Similarly, most major altcoins are stuck in a range. ETH is trading below USD 4,000 but well above USD 3,880. XRP is consolidating below the USD 1.00 resistance.
Total market capitalization
Today, bitcoin price saw a downside correction below the USD 49,000 level. BTC even traded below the USD 48,500
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