Bitcoin price struggled to surpass the USD 23,500 resistance.
Ethereum dipped below USD 1,620, XRP failed to rise to USD 0.388.
Among the top 25 coins, only BNB is still in the green.
Bitcoin price attempted an upside break above the USD 23,500 resistance zone. BTC struggled to gain momentum and declined below USD 23,000. It is currently (11:40 UTC) trading near USD 22,900 and is down over 2% in a day and is unchanged in a week.
Similarly, most major altcoins are also moving lower. ETH failed to clear the USD 1,680 resistance and corrected lower. XRP is struggling and might decline to USD 0.355. ADA might take a hit if it breaks the USD 0.50 support.
Total market capitalization
Bitcoin price
After a failed attempt to clear USD 23,500, bitcoin price reacted to the downside. BTC declined and traded below the USD 23,000 support. An immediate support is near the USD 22,500 level. The next major support is near the USD 22,250 zone, below which the price could test USD 21,500.
On the...
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