Crypto market see mix of green and red after weekend selloff

in #crypto7 years ago

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May 9: crypto markets are seeing a mix of green and red after Bitcoin (BTC) challenged $10,000 on Saturday, May 5, only to be followed by a subsequent drop to as low as $9,000 during the weekend.

The markets have since retraced their losses somewhat, with Bitcoin and Ethereum (ETH) showing gains of around 2 percent each over 24 hours to press time. Bitcoin Cash (BCH) has displayed the largest growth among top 10 cryptocurrencies, up 6 percent over 24 hours, according to Coinmarketcap data.
In terms of absolute value, Bitcoin is hovering around the $9,300 mark at press time, after it stopped inches away from dipping below $9,000 earlier today.

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