NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Crypto Market Wrap: $8 Billion Back as Correction Gets Quashed

Martin Young
Martin Young
6 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Crypto markets bounce back; No correction for BTC yet, NEM, THETA and Waves flying.

Market Wrap

Crypto markets have rebounded as another correction gets quashed. The big dump from yesterday was expected to accelerate today and throughout the weekend but Bitcoin and its brethren appear to have settled at higher levels of support and have even started to rally again. Total market capitalization as a result is back over $240 billion.

Bitcoin did fall back to an intraday low of $7,530 but did not hang around there for long. The bulls took over and BTC started to head north again topping out at $7,940 a few hours ago. It is currently trading at $7,850, up almost 3 percent on the day.

Ethereum has followed suit with a slight recovery from yesterday’s dump. ETH moving back towards $245 and is likely to hit $250 again within the next few hours. Daily volume is still solid at over $10 billion.

The top ten is back in the green during Asian trading today as altcoins bounce from their dumps yesterday. Gains are not that great though and most are only adding between 2 and 3 percent.

More movement can be seen in the top twenty where NEM has made back nearly all that it lost. With a 9 percent surge NEM has managed to flip NEO which has hardly moved. Tezos and Cosmos are also doing well today adding 4 percent each since yesterday. The rest are up a couple aside from Bitcoin SV which continues to slide.

FOMO: Theta Fuel Fires Up

Yet again Binance has been the instigator of today’s pump as TFUEL gets listed on the world’s leading exchange. The video delivery based token spiked 150 percent in the past two hours as South Koreans load up on Upbit which has 90 percent of the volume in KRW. The fomo pump is likely to fade very quickly though.

#Binance Will List @Theta_Network Fuel ( $TFUEL )https://t.co/RvrTlZQ9YR pic.twitter.com/NGJeoKEaFb

— Binance (@binance) May 24, 2019

As expected the associated THETA token is also pumping but it only gets 30 percent. Santiment Network Token has surged into the top one hundred with a 27 percent surge and Waves is also doing well with 26 percent.

At the red end of the table is Insight Chain still dumping, losing another 12 percent today. It is the only altcoin in double digits as most are on the make today.

Total market capitalization 24 hours. Coinmarketcap.com

Total crypto market capitalization has recovered $8 billion from yesterday’s slide and is currently at $244 billion. Daily volume has dropped back marginally but the formation is still sideways for markets. Since the same time last Friday markets have gained 6 percent.

Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.

Tweet123Share222ShareSend
Martin Young
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

No Need To Panic, Bitcoin’s Peak Still Coming In October 2025 – Analyst

Bitcoin prices dipped by 0.93% in the last day after the premier cryptocurrency suffered another price rejection in the $110,000...

Semilore Faleti 8 hours ago
Litecoin

Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack?

In a recent X post, CryptoWzrd highlighted that Litecoin (LTC) closed the day on a slightly bearish note. He explained...

Godspower Owie 10 hours ago
Ethereum

Ethereum Price Stuck At $2,500: Analyst Says Don’t Trade Until This Happens

The Ethereum price is currently locked in a narrow trading range of around $2,500, with momentum stalling despite the market’s...

Scott Matherson 16 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Top crypto analist: het ideale Dogecoin koopmoment voor kans op 200% rally

Top crypto analist: het ideale Dogecoin koopmoment voor kans op 200% rally

Lars Diederiksen 52 minutes ago
Ethereum Wyckoff Accumulation Hints At Explosive Q3 – $4K Level In Sight

Ethereum Wyckoff Accumulation Hints At Explosive Q3 – $4K Level In Sight

Sebastian Villafuerte 17 minutes ago
Bitcoin

Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

Scott Matherson 7 hours ago

Premium Sponsors

Press Releases

  • Cryptocurrency is the best way to get rich quickly, easily...

    5 hours ago
  • XRP Cryptocurrency × Dogecoin Mining: HASHJ launches...

    13 hours ago
  • Koja kriptovaluta ima veći potencijal za stvaranje milijunaša XRP ili Shiba Inu

    Koja kriptovaluta ima veći potencijal za stvaranje...

    17 hours ago
  • 3 altcoina koje vrijedi pratiti u prvom tjednu srpnja 2025

    17 hours ago
  • XRP Bulls Are Soaring — FINDMINING Rides the Wave to...

    23 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.