Crypto Price Analysis

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

Bitcoin

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.

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