Brutal best defines the past 36 hours for the crypto market, with almost all cryptos seeing double-digit losses and sinking to yearly lows. The weekend crash saw Bitcoin sink to $3,500, almost half of what it was trading for just two weeks ago. However, Bitcoin is finally in the green and in the past 12 hours, it has slowly edged back to the $4,000 level. The market saw a wave of green, although the movement of most cryptos was very little and they are still miles away from the prices they posted a fortnight ago. Ethereum gained 2.3 percent and currently sits at $115, with Litecoin at 6 percent being the biggest gainer in the top 10.
After weeks of stability and very little volatility, Bitcoin has been on a free fall in the past two weeks. The currency has descended further and further down to finally hit $3,500 earlier today. However, it seems the trend may have finally been reversed, with the currency gaining 3.8 percent to hit $4,000. At press time, the currency was trading at $4,017.