Crypto Weekly: Market surges due to unexpected Bitcoin spike

Market had a sharp trend reversal last week because of minutes. The previous week, market went to a new low below $250 Billion. Now that the free fall has stopped, the market has recovered significantly, touching a high of $338 Billion. We’re still far away from the all time high of $822 Billion in January.

 This is not a confirmed trend reversal for the market. Most Cryptocurrencies still follow Bitcoin and if Bitcoin goes down, so will the market.

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