Bitcoin Price Risks Dangerous Death Cross Following Latest Correction

The cryptocurrency market entered a modest recovery on Thursday, though bitcoin lagged its altcoin peers following a major technical breakdown earlier in the week. At just over 65%, the bitcoin dominance rate has fallen to its lowest level since July.

Crypto markets bottomed near $203 billion on Wednesday following a more than $20 billion dump during the prior session. It was the first time since May that markets threatened to fall below $200 billion in collective value.

By Thursday afternoon, the combined market cap was worth $206.2 billion, according to CoinMarketCap. Read More...