Altcoins Underperform as Traders Reduce Risk

Bitcoin (BTC) was down by 4% over the past 24 hours, although technicals indicate support around $40,000-$43,000 could stabilize the week-long pullback in price. Meanwhile, alternative cryptocurrencies (altcoins) declined such as ether (ETH) by 5%, a 14% drop in RUNE and an 11% fall in DOGE.