Bitcoin still is above $10k
After a hike up in the prices of Bitcoin and subsequently some altcoins, today the market is going through a small correction. Almost all number in red of the top 50 crypto at CoinMarketCap, Bitcoin has found a new floor above the $10k mark, fluctuating 5% to 10%, finding a resistance above the $11k mark near to the $12k.
The total crypto market capitalization has been oscillating around the $500 billion dollars, nowhere near to the $800+ billion dollars it was at the start of the year. Bitcoin and the altcoin has been recovering big time from the low levels experienced a couple weeks ago. Good to mention that EOS is again at levels around the $8 usd, when almost all the altcoins were losing double digits in value EOS did not suffer such a fall, actually now with BTC above $10k usd, I find it impressively cheap when EOS is still at January's dip prices, when it was visible the fast recover of EOS when reached the $10 usd, and with all time highs of $18 usd before the dip.
What do you think about the correction? Please share your thought in the comment section.
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