Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K
BTC price fell below $38,000 as tech stocks sold off and traders cautiously watched to see if Bitcoin can hold its “macro level support” zone. The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk buying Twitter began to fade, and concerns about the state of the global economy took the forefront again.Tech-related stocks were some of the hardest-hit assets on Tuesday and this pullback was followed by sharp declines in crypto prices as risk assets become persona non grata in these turbulent markets. Data from....
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