Bitcoin (BTC) Analysis, Market Corrections After Short Term Gains

Massive gains in the crypto markets within the previous trading day have been short-lived as correction follows. Top cryptocurrencies have been hit with high levels of volatility, rising, and falling almost at the same time.

Bitcoin has found itself below the $7000 value, trading at $6839 at press time. On the other hand, Ethereum which had been tipped to surpass the $300 value also suffered a 2.24% decline, with a current trading price of $284.

The most significant loser among the top ten cryptocurrencies is IOTA, recording a 4.92%% loss over the last 24 hours. At press time, IOTA trades at  $0.709733 with a volume of $77,515,051 across all exchanges. The IOTA platform is growing, and just this week alone, four experts from different backgrounds were added to the project team.

Major Crypto Headlines

Yahoo Finance Rolls Out Cryptocurrency Trading

XRP, TRX, NEO, and NEM Could Miss Out On Massive Adoption

Cryptocurrency Exchange Giant Bithumb To Resume User Registrations Again

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  • bitcoinBitcoin (BTC) $ 16,249.54 1.53%
  • ethereumEthereum (ETH) $ 1,178.78 2.76%
  • bnbBNB (BNB) $ 297.43 5.34%
  • xrpXRP (XRP) $ 0.383636 4.25%
  • solanaSolana (SOL) $ 13.39 5.26%
  • terra-luna-2Terra (LUNA) $ 1.55 0.8%