Following a strong BITCOIN rally other “alts” like RIPPLE, DASH or STELLAR saw explosive price gains during the past few days. However, this wild rally has lost steam – at least for now. Without a clear reason, it seems like long-term holders decided to use those higher prices to get out of their positions, causing massive correction. Ripple is tanking 20% today but has managed to defend a pivotal 0.41-0.465 zone so far. Can the bulls regroup from here?

Daily summary: Weak US data drags markets down, precious metals under pressure again!
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