Bitcoin Price and Ethereum to Gain Support at 38.2% Fibonacci Level; Litecoin Jumps 23%

On November 25, Bitcoin, the leading cryptocurrency, failed to break above the $16,800 level and began to fall toward the 38.2% Fibonacci retracement level. Similarly, Ethereum, the second most valuable cryptocurrency, has followed Bitcoin's lead and is currently trading bearishly toward $1,160. The reason for the market's risk-off sentiment could be related to recent Hodlnaut updates.... Read More: Bitcoin Price and Ethereum to Gain Support at 38.2% Fibonacci Level; Litecoin Jumps 23%