Bitcoin dropped sharply and briefly during the European session on Wednesday, leaving many retail investors liquidated. Over the last few days, BTC and Ethereum tried to lift above key levels at $60,000 and $1,800, respectively but struggled to sustain the gains.
Ethereum is dancing roughly at $1,800 at the time of writing, while Bitcoin is pivotal at $58,000. The cross-border token Ripple has lost approximately 5% of its value to trade at $0.55. Most cryptocurrencies are in the red apart from some selected altcoins such as Filecoin, BitTorrent, and Holo.