Crypto Markets Bounce Back As Bitcoin Heads Above $7,900

Investing, News | May 24, 2019 By:

The crytocurrency market has bounced back today, after losing about $14 billion of its valuation during yesterday’s session.

The price of bitcoin recovered after yesterday’s significant sell-off, breaking back above the $7,900 mark. In early trading, the largest cryptocurrency by market cap is up 4.67% at around $7,950.

The rest of the top ten coins are also in the green, with Litecoin leading the pack surging more than 9 percent. It was followed by Bitcoin Cash, Binance Coin and Cardano, which are all up by over 9 percent.