Musiccosmos

Markets are bouncing from the bottom, XRP, Litecoin, Tezos and Tron recovering from major losses. After five days of heavy losses resulting in $40 billion being dumped out of crypto markets a bounce has finally occurred. The boards are all green this morning as cryptocurrencies rebound from the yearly bottom a couple of days ago. Market capitalization has climbed back above $200 billion but is still very low looking at the big picture. Bitcoin has led the charge recovering 6% on the day to $6,420. BTC held support at $6k and has yet to plunge below it again which is a good sign generally. Ethereum, which has been utterly smashed over the past week has gained 6.7% back to trade at $285 which is still close to its lowest levels in a long time. The altcoins fall harder but they also make bigger gains when things turn around, which they always do. Ripple’s XRP is posting the biggest recovery in the top ten with 8% to $0.286 closely followed by Litecoin with a similar gain to $56.5. Th...