Bitcoin: Painful Sell-Off Drags Ethereum Lower

Bitcoin sell-off dragged Ethereum, XRP and Dogecoin lower while crypto stocks plunged, according to DecryptMedia.

Price at $60862.54 sits inside Bollinger Bands with lower support at $60219.48 and upper resistance at $65801.89. The bearish trend structure holds as price remains below EMA50 at $63382.9 and EMA200 at $67871.87. MACD at -798.01 prints a death cross while RSI at 34.17 shows neutral momentum, pointing to continued downside pressure before any test of the 50-EMA confluence zone.