Crypto markets have failed to hold their gains from yesterday’s rally and are sliding back again today. Total market capitalization has fallen back below $125 billion as it eyes another new low this week.
A baby bounce that saw Bitcoin get back to $4,000 died as quick as it started as BTC is falling again today. Over the past 24 hours Bitcoin has bounced off support at $3,650 twice and it looks like this will not hold again. At the time of writing BTC was down 7% on the day trading just above $3,700.