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

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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…
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