The post Crypto Market Correction: Bitcoin Retests $56K Mark, Ethereum Price Holds $2,500 Level! appeared first on Coinpedia Fintech News
The cryptocurrency market has recorded a strong bearish action over the past day. Notably, with a trading volume of $74.7 Billion (+7.40%), the valuation has recorded a drop from $2.08 Trillion to $2.05 Trillion, a change of -1.23%. Moreover, the price of Bitcoin failed to hold momentum, resulting in it retesting its low of $56,000 during the early Asian trading hours. With a market cap of $1.149 Trillion, it is currently valued at $58,129.63. Positively, despite the recent market plunge, the ETH price held its value above the $2.5K mark with a 24-hour High/Low of $2,675.31 and $2,518.67.
