Bitcoin Dives 14%, Ethereum, Altcoins Tumble, Liquidations Near USD 4B

Bitcoin price failed to keep gains and extended its decline below the USD 40,000 support. BTC broke the USD 38,000 support level and it even spiked towards USD 36,000. It is currently (12:30 PM UTC) recovering above USD 38,000 again, but upsides might be limited above USD 40,000. Similarly, most major altcoins declined heavily. ETH declined over 20% and it even spiked below USD 2,500. XRP/USD also