Bears seem to dominate bulls as most top digital coins trade in the red territory today.
Bitcoin saw low trading volumes during yesterday's early sessions. The leading crypto plummeted under the $50,000 psychological level, forming a daily low near $48,656. Meanwhile, the drop awakened consumer demand as buying volumes surged to average levels. Bitcoin failed to recover towards the 2hr 55-exponential moving average. That way, the crypto could not overcome the obstacle by this Moving Average.