Bitcoin and Ethereum Target Fresh Lows, LUNA Rallies

Bitcoin price broke the USD 38,500 support level. BTC even extended its decline below USD 38,000. It is currently (04:28 UTC) consolidating losses and it seems like there is a risk of more downsides towards the USD 37,000 level. Similarly, most major altcoins struggle to rise. ETH could extend its decline below the USD 2,450 support zone. XRP might correct further below the key USD 0.700 support

from Cryptonews