By CCN.com: In the past 24 hours, the bitcoin price fell 2.16 percent against the U.S. dollar from over $5,600 to $5,422 as the crypto market slightly retraced. The valuation of the crypto market fell from $181 billion to $176 billion, by more than $5 billion on a single day. As the bitcoin price dropped by 2.16 percent, other major cryptocurrencies like bitcoin, ethereum, ripple (XRP), and EOS recorded losses in the range of 2 to 6 percent, demonstrating sideways action. By next month, if bitcoin continues to surpass key resistance levels above $6,000 and stabilizes at a high level,
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