Cryptocurrency Market Rebounds, But Risks of Crashing Aren’t Out of Context
Cryptocurrency market rebounds: The cryptocurrency market has bounced back sharply, but risks of a complete crash aren’t out of the question, just yet. Crypto coins rose sharply on Tuesday in a bid to defend the critical support levels, as analysts were predicting enormous losses for the entire market if the bears managed to breach those support levels.
The bulls have adequately defended the total cryptocurrency market cap from dipping below the $300 Billion mark early Tuesday; Bitcoin was also trading around the $7,000 support level.
Source Image: coinmarketcap.com
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