Cryptocurrencies: 30358
Markets: 109486
Market Cap: $2,690,561,703,467     
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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2021-01-26 05:53:00

Bitcoin Drops, Drags Ethereum and Altcoins Lower

Bitcoin price gained momentum above the USD 33,500 resistance, but it failed to stay above USD 34,500. BTC started a fresh decline and traded below the USD 33,500 pivot level. It is currently (05:00 UTC) trading well below USD 32,400 and it remains at a risk of more downsides.Also, bitcoin’s weakness dragged most major altcoins lower. ETH/USD declined over 8% and it even tested the USD 1,300
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