Bitcoin and Ethereum Extend Losses, Altcoins Tumble


 
Bitcoin price attempted a recovery wave above USD 38,000. However, BTC failed to surpass the USD 39,500 resistance level and is currently (04:22 UTC) trading near USD 36,700, dropping 6% in a day and reaching almost three-weeks lows.
Similarly, most major altcoins are gaining bearish momentum. ETH declined below the USD 2,600 support level and is down 7% in a day. XRP dropped near USD 0.68 while ADA dived 14%, reaching USD USD 0.82.
Total market capitalization…
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