Crypto-Follow logo Crypto-Follow logo
cryptonews 2022-05-11 04:17:00

Bitcoin and Ethereum Struggle, LUNA Down 84% while Altcoins Show Signs of Recovery

Bitcoin price started an upside correction above the USD 31,000 level. BTC even climbed above USD 32,000 but struggled near USD 32,500. It is currently (04:03 UTC) trading near USD 31,300 and is up 2% in a day and down 17% in a week. Similarly, most major altcoins are facing hurdles. ETH is facing resistance near USD 2,400 and USD 2,450. XRP must clear USD 0.55 to start a recovery wave. ADA failed near USD 0.70 and trimmed most of its gains. Total market capitalization...Read More: Bitcoin and Ethereum Struggle, LUNA Down 84% while Altcoins Show Signs of Recovery

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer