The crypto market free fall that started on Monday has slowed up mid-week. That is not to say that further declines are not around the corner, in fact quite the opposite, another dump is expected on Friday. Total crypto market capitalization is still very low, below $114 billion.
Bitcoin is struggling to overcome new resistance levels that strengthen every time it falls. The current is at $3,500 and the closest BTC has been to it over the past 24 hours is $3,470. It fell to $3,400 before recovering about a percent to its current level.