Bitcoin and Ethereum Fail Again, Altcoins Trim Gains

Bitcoin and Ethereum Fail Again, Altcoins Trim Gains

Cryptocurrency Uncategorized
December 27, 2021 by Kitty Stone
15
  Bitcoin price tried to gain strength above the USD 51,800 resistance. However, BTC failed to continue higher and formed a short-term top near USD 52,000. It started a fresh decline and is currently (04:50 UTC) trading near USD 49,000. Similarly, most major altcoins are also moving lower. ETH broke the USD 4,020 and USD

 
Bitcoin price tried to gain strength above the USD 51,800 resistance. However, BTC failed to continue higher and formed a short-term top near USD 52,000. It started a fresh decline and is currently (04:50 UTC) trading near USD 49,000.
Similarly, most major altcoins are also moving lower. ETH broke the USD 4,020 and USD 4,000 support levels. XRP traded below the key USD 0.90 support. ADA trimmed gains and traded below USD 1.50.
Total market capitalization…
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