It has been blood bathed times for cryptocurrencies and it traders in the 3-4weeks now with last weeks been more disastrous and daunting due to August 1st bitcoin segwit activation.
Top 48 coins on coinmarketcap are recovering strong using the 24hrs market trade volume, in total, the value of all publicly traded crypto assets edged over $70bn today, up nearly $10bn from a low of $61bn observed yesterday. Right now, all of the top 10 cryptocurrencies are in the green, with IOTA, ether and stratis posting the biggest gains.
Is this a market rebound or some sort of cat bounce