cryptonews
2022-05-06 12:01:00

Bitcoin Drops Below USD 36K, Ethereum Down 9%, Altcoins Keep Sliding

Bitcoin price started a strong decline below the USD 40,000 resistance zone and settled below the USD 37,500 level to move into a bearish zone. It is currently (11:49 UTC) down almost 10% and is trading near USD 35,800. Similarly, most major altcoins are gaining bearish momentum. ETH broke the USD 2,700 level and might slide below USD 2,620. XRP is showing bearish signs below the USD 0.60 level. ADA might extend losses and test the USD 0.75 support....Read More: Bitcoin Drops Below USD 36K, Ethereum Down 9%, Altcoins Keep Sliding

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