Bitcoin Finds Support Near USD 55K, Ethereum Consolidates Losses

Bitcoin price failed to stay above USD 60,000 and started a downside correction. BTC declined below many supports near USD 58,000 before it found support near USD 55,000. It is currently (12:30 UTC) recovering, but the bulls might struggle near USD 58,000. Similarly, most major altcoins started a corrective decrease. ETH is down 5% and it even broke the USD 1,800 support zone. XRP/USD is trading