Cryptocurrency Market adds $12 Billion 24 Hours

in #cryptocurrency7 years ago (edited)

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Investors Turn #Bullish as #Cryptocurrency Market adds $12 Billion 24 Hours #Bitcoin price**

Over the past 24 hours, the cryptocurrency market added $12 billion, as major cryptocurrencies including Bitcoin, Ethereum, Ripple, and Bitcoin Cash experienced a short-term corrective rally.

Breathing Room, But Not Entirely Optimistic

The Bitcoin price rebounded from $6,300 to $6,700, breaking a descending trendline since May 3, when #BTC achieved $10,000. While it is too early to conclude that BTC has entered into a mid-term rally given that it is still likely for BTC to fall below the $6,000 mark in the short-term, the cryptocurrency market has gained a breathing room from the recent major correction that began in early May.

Joseph Young in Bitcoin AnalysisBitcoin Price NewsEthereum NewsNews

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but bit coin and most of the others alt coin still in downtrend. I don't how much time it will be taken to go up. some time it is frustrating to wait for uptrend

I am very optimist... Still holding

me too but some time feel hopeless

always b +ve......good info

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