Bitcoin’s (BTC) price fell 4% on Thursday, and it is testing the trend line illustrated in Wednesday’s Market Wrap, as it dropped below $23,000 in early morning trading. Ether (ETH) declined 3% to below $1,600. BTC and ETH appear to be in a short-term downward trend, as they both have shown seven consecutive negative candles. This article originally appeared in Market Wrap, CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Subscribe to get it in your inbox ...