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Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K By Cointelegraph

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Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K

Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as struggles to reclaim the $49,000 level.

Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop the descent.

4-hour chart. Source: TradingView
Significant BTC price pullbacks during the 2017 bull run. Source: Twitter
Daily cryptocurrency market performance. Source: Coin360
daily chart. Source: Coin360