Bitcoin and Ethereum Consolidate, LUNA and BNB Gain Momentum

Bitcoin price extended its increase to USD 50,500, but then it faced hurdles. As a result, BTC started a downside correction below USD 50,000. It is currently (04:00 UTC) consolidating gains above USD 49,000 and there could be a downside extension to USD 48,200 in the near term. Similarly, most major altcoins are consolidating gains. ETH tested USD 3,380 before correcting a few points. XRP failed