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cryptonews 2021-08-02 04:38:00

Bitcoin, Ethereum, and Altcoins Halt Rally, Correct Gains

This past weekend, bitcoin price extended its increase above the USD 42,000 resistance. However, BTC failed to gain traction above USD 42,500. It started a downside correction and it is currently (04:28 UTC) trading below USD 39,800.Similarly, most major altcoins corrected gains. ETH climbed higher towards USD 2,700 before it dipped 5%. XRP also rallied towards USD 0.780 before correcting gains.

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