Bitcoin Struggles Near USD 50K, Ethereum and Altcoins Consolidate Gains

Bitcoin price recovered above USD 48,000 and it tested the USD 50,000 resistance. BTC is currently (12:30 UTC) consolidating above the USD 48,000 support zone. It might make another attempt to clear USD 50,000 as long as there is no close below USD 48,000. Besides, most major altcoins are holding gains. ETH tested the USD 1,600 resistance and it is consolidating above USD 1,550. XRP/USD struggled