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Bitcoin and Ethereum Trend Lower, ALGO and NEAR Jump
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Bitcoin price failed to start a recovery wave and gained pace below the USD 48,500 support. BTC extended decline below the USD 47,500 support and is currently (04:22 UTC) showing bearish signs near USD 46,800.
Similarly, most major altcoins are moving lower. ETH traded below the USD 3,880 and USD 3,650 support levels. XRP settled below USD 0.85 and might revisit the USD 0.80 zone. ADA is approaching the USD 1.30 support zone.
Total market capitalization
In the past three sessions, bitcoin price saw
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