Bitcoin price surged above $32,000 and traded to a new all-time high near $34,780 against the US Dollar. BTC is currently correcting lower and it might even test $31,500.
The Bitcoin market has witnessed a sell-off at the time of writing. The largest cryptocurrency fell from $19,491 to $19,134. This also resulted in the falling price of altcoins like Litecoin. This sudden fall appeared at the end of a bearish pattern. The current price of Litecoin was $81.69, which has been a recovery effort after the fall.