Bitcoin and Ethereum Consolidate Losses, Altcoins Struggle

  • Bitcoin price is consolidating losses above USD 37,000.
  • Ethereum tested the USD 2,500 support, XRP spiked to USD 0.665.
  • Many altcoins are still down over 10%.

Bitcoin price gained bearish momentum below the USD 38,000 level. BTC even tested the USD 36,500 level. It is currently (11:30 UTC) consolidating losses and might recover to USD 38,500.

Similarly, most major altcoins are consolidating losses. ETH tested the key USD 2,500…


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