Bitcoin and Altcoins Start Recovering After Sharp Selloff
After a clear break below the USD 18,500 support, bitcoin price extended its decline below the USD 18,000 level. BTC even spiked below the USD 17,800 level and tested the USD 17,650 support zone. Recently, there was a sharp recovery, and the price is currently (13:00 UTC) back above USD 18,200.
Similarly, there was a sharp decline and a recovery wave in most major altcoins, including ethereum,