Crypto Market Correction: Bitcoin Slumps To $58K, Ethereum Retests Its $2.6K Level!

The post Crypto Market Correction: Bitcoin Slumps To $58K, Ethereum Retests Its $2.6K Level! appeared first on Coinpedia Fintech News

With the cryptocurrency market failing to hold its bullish sentiment, it has recorded a correction of 3.69% within the past day, from $2.11 Trillion to $2.06 Trillion. Despite a positive CPI data release, the market leader, Bitcoin price has plunged 4.38% and is currently hovering close to its $58,000 level. However, the Ethereum price has sustained its value above the $2.6K mark in spite of recording a drop of 3.99%.