Bitcoin, Ethereum, and Altcoins Drop Below Key Levels

Bitcoin price failed to stay above the key USD 60,000 support zone and BTC extended decline below USD 59,500. It is currently (11:51 UTC) down almost 6% and it could decline further towards USD 57,500.
Besides, most major altcoins are gaining bearish momentum. ETH declined 5% and it broke the USD 4,000 support zone. XRP spiked below USD 1.00 and it might continue to move down. ADA dived almost 8% and traded below USD 2.00.
Total market capitalization…
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