Bitcoin holds $29,000; Ethereum below $1,850; Litecoin cracks 6%

Bitcoin and other top crypto tokens were trading lower today as the recovery of the previous day fizzled out shortly. However, Bitcoin remained range-bound, but the pain in altcoin was more intense. Bitcoin was back in red today after a day's short-lived recovery as the largest crypto token dropped as much as 2 per cent but managed to hold 29,000-mark. Ethereum was trading a per cent lower and slipped below $1,850-levels. Litecoin plunged about 6 per cent, while Bitcoin Cash was down 5 per cent. Dogecoin dropped more than 4 per cent, while XRP, Cardano, Polkadot and BNB shed 4 per cent each for the day. The total trading volumes dropped about 14 per cent to $34.47 billion.

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