Cryptocurrency Market Posts Minor Recovery But Bitcoin Downward Trend is Still Strong Author: Joseph Young Last Updated: 25 May 2018 As CCN reported yesterday, on May 24, the bitcoin price dipped below $7,250 as a massive sell-off from the $7,700 mark intensified. After three consecutive sell-offs within a 24-hour period, the price of bitcoin dropped from $7,900 to $7,250, eventually stabilizing at $7,400. Bear Market The cryptocurrency sector is in a short-term bear cycle. In The post Cryptocurrency Market Posts Minor Recovery But Bitcoin Downward Trend is Still Strong appeared first on CCN
