Bitcoin price failed to clear the key USD 38,000 resistance zone. BTC started a fresh decline below the USD 36,500 and USD 35,500 support levels. It is currently (04:43 UTC) trading in a bearish zone.
However, as was the case in many previous sharp selloffs, altcoins are once again bleeding more than BTC. ETH is down almost 10%, while many other coins dropped even more.
ETH traded below the USD
However, as was the case in many previous sharp selloffs, altcoins are once again bleeding more than BTC. ETH is down almost 10%, while many other coins dropped even more.
ETH traded below the USD
Source: https://cryptonews.com/news/ethereum-altcoins-bleed-more-than-bitcoin-liquidations-soar-10602.htm