Bitcoin price struggled to clear the USD 55,500 resistance and it started a fresh decline. BTC declined below the USD 53,200 and USD 52,000 support levels. It even spiked below USD 50,000 and it is currently (04: 30 UTC) correcting losses.
Similarly, most major altcoins declined heavily. ETH traded to a new all-time high above USD 2,670 before declining heavily below USD 2,300. XRP/USD declined
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