Bitcoin Consolidates Below USD 50K, Ethereum, Altcoins Extend Decline

Bitcoin price started a downside correction from the USD 52,500 zone. BTC settled below USD 50,000, but it remained stable above USD 48,000. It is currently (13:30 UTC) consolidating and it might climb back above USD 50,000. Besides, most major altcoins are showing a few bearish signs. ETH traded below USD 1,550, but it found support near USD 1,525. XRP/USD is back above USD 0.450, but it must