May 16, 2024
Altcoin News

Bitcoin Shows Bearish Signs, Ethereum and Altcoins Lose Momentum

Bitcoin price faced resistance near the USD 65,500 level. BTC started a fresh decline and traded below USD 65,000. It is currently (11:57 UTC) showing bearish signs near USD 64,000 and it might extend losses towards USD 62,000. Besides, most major altcoins resumed a downward move. ETH failed to clear USD 4,800 and declined below USD 4,700. XRP is back below USD 1.20 and it might move towards USD 1.12. ADA is at risk of a decline below the USD 2.00 support.... Read More: Bitcoin Shows Bearish Signs, Ethereum and Altcoins Lose Momentum