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Bitcoin and Ethereum Trend Lower, FIL Trims Gains

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cryptonews.com

Bitcoin price struggled to stay above the USD 24,000 resistance. BTC dipped and traded below the USD 23,500 level. It is currently (11:54 UTC) trading just below USD 23,250 and is down over 2% in a day and up 3% in a week.Similarly, most major altcoins might accelerate their downside correction.

ETH declined below the USD 1,700 level and might revisit USD 1,550. XRP is now consolidating near the USD 0.372 level. ADA is moving lower towards the USD 0.505 support.Total market capitalizationAfter a close below the USD 24,000 level, bitcoin price moved lower and traded below the USD 23,300.

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